Markets Magazine
Corruption Fighter Gooch Tackles Abusive Shell Companies
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On Oct. 31, 2013, U.K. Prime Minister David Cameron took the stage at the Open Government Partnership conference in London and announced a decision that anti-corruption activists had been seeking for three years.
He told his audience of public officials from around the world that he’d found a simple way to root out tax cheats, fraudsters and crooked politicians: He was going to introduce legislation requiring all companies based in Britain to disclose who their ultimate owners are in a publicly accessible registry.