Russian dolls: Why not knowing who owns and controls companies is a huge problem

Anti-corruption activist Charmian Gooch argues that corporate secrecy and political unrest are connected — and that ending anonymous companies is a step towards global stability.

In her June 4 speech at the opening of Parliament in the United Kingdom, the Queen announced legislation to clamp down on corporate secrecy. At the same time, the G7 nations are meeting in Brussels to work out what to do about the reason they are no longer the G8: relations with Russia and the situation in the Ukraine.

These two events are more closely linked than they might first appear. So far, economic sanctions on Russia and the companies it controls appear to have done little to quell unrest in the region. Meanwhile, the potential for the current crisis to rewrite the global economic and political landscape was spelt out clearly when Russia signed a $400 billion gas deal with China last month

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