(FT) Company register in UK to remove ”˜cloak of secrecy’hiding corruption and tax evasion

Campaigners praised Mr [David] Cameron for taking a lead. Rowan Williams, the former Archbishop of Canterbury and chairman of Christian Aid, said it was a “brave decision” that involved facing down vested interests.

Global Witness, an anti-corruption group, said it was a “historic rollback of corporate secrecy”. Gavin Hayman, director, said: “Life is about to get much more difficult for corrupt politicians, arms traders, drug traffickers and tax evaders. Other countries, including the British tax havens, the EU and the US, now need to follow the UK’s leadership.”

ActionAid, a campaign group, said it would welcome a public registry but said other transparency measures were needed, including country-by-country reporting of tax payments. Read it all (if neceesary another link there.)

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