Naomi Hirst, Anti-Corruption Campaigner at Global Witness said:
“Today’s announcement is a huge win in the fight against the corruption, tax dodging and money laundering.
The UK’s tax havens have featured in countless corruption and money laundering cases – ending their corporate secrecy will throw a huge spanner in the works of corrupt dictators, tax evaders and organised criminals.
This is the result of years of dogged campaigning by MPs, investigative journalists and a coalition of anti-corruption and anti-poverty campaigners from around the world.
This now raises the stakes for the remaining jurisdictions which are happy to sell secrecy – it is now only a matter of time until anonymous companies are a thing of the past.”
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