Tett goes on to praise the work of Open Corporates – and I do too: it is incredibly important. But, she utterly fails to mention the very obvious best source of new data on this issue, which would, of course, be country-by-country reporting.
Whilst much of the focus of discussion on country-by-country reporting is on the accounting information, it is also vital to realise that it requires that any multinational company disclose precisely in which jurisdictions it has operations, and what the names of its companies operating in those places are. There will be little better, or more effective, way of finding out what is going on in those places as a consequence than the production of public country-by-country reports, which would also have the advantage of having figures attached to the data.
I am curious as to the reasons for her overlooking this obvious solution. Her support would be welcome.