TED prize 2014 Charmian Gooch: My wish: To launch a new era of openness in business

TED 2014
TED prize 2014 Charmian Gooch: My wish: To launch a new era of openness in business (script)
Summary
Now some companies are stealing millions from citizens around the world. Then its companies are hidden by anonymous companies. It makes it almost hard to find and hold them responsible. It quite spread. Anonymous companies really work for sanctions busting. It's because opening an anonymous company is really easy. You don't need indemnification. There are company service providers which legally create anonymous companies. Even if you don't use your true name but you can use nominees, it's not for public record. And then, you can simply add layers that mean that companies owed by companies again and again.
In the past, companies were created to limit financial risk and to give people a chance to innovate, but now it's forgotten. However, it shouldn't be all accepted what companies do or how company structures are used. Anonymous companies shouldn't exist to protect our society and we have to know who owes and control companies.
Words in this story
anonymous / (of a person) not identified by name; of unknown name.