Why not regulate the service providers that set up shell companies, AND publicly disclose ownership data? #PanamaPapershttps://twitter.com/MForstater/status/848815200853688320 …
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Replying to @AFJellema
Quite! And in theory service providers are regulated, just very badly in most places.
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Replying to @robertnpalmer
Yes - so maybe Linus’s law applies to this problem. Many eyes make all bugs shallow.
@MForstater@TobyQuantrill11 reply 0 retweets 1 like -
Possibly. But we don't apply 'open by default' to personal info in other areas (e.g. healthcare, benefits) Many eyes not always appropriate!
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Ah but is this really just "personal info"? I think no - company information is key for understanding lots of public interactions.
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Replying to @robertnpalmer @MForstater and
When company law was first introduced this was key to understanding their role
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Two different Qs- A) should this info be public on principle & B) Is best way to stop crooks making this info public #pananamapapers Q is B
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Yes and yes. But transparency is just one step. Need investigations and then action and then close loopholes
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