Developments in UK legislation: tackling corruption, money laundering and international tax evasion.
The ‘Panama Papers’ involved the leaking of more than 11 million confidential and attorney-client privileged documents from the law firm Mossack Fonseca, exposing the financial information and ownership structures of more than 200,000 off-shore entities. This lead to extremely embarrassing questions for countless members of the UK establishment, including the then-current Prime Minster, David Cameron.
After much public and media demand, many in Parliament published full details of their financial interests and private positions held in order to quell accusations of corruption and tax evasion.
