Panama Papers: Only 1% of countries in global study publish open company ownership data – World Wide Web Foundation
"In the wake of the Panama Papers revelations, attention is now turning to how we stamp out corruption for good. While companies must report detailed information to governments, including their accounts, owners, shareholders, and directors, few countries make this information fully open to the public. Allowing open access to these records is a key step in fighting corruption. Despite years of promises by governments to tackle this issue, an analysis across 92 countries released today by the World Wide Web Foundation, shows that just one country – Australia – publishes company data in a fully open format. And even this data is very top-level and does not include, for example, shareholding information. One in three countries surveyed do not publish company data online at all, and in the remaining nations studied, the data provided suffers from multiple problems: it is often incomplete, hard to find, not licensed for reuse, or subject to a usage fee ,,,"