We have something exciting to share.
This week, we asked ONE members across the country to email their MPs and ask them to vote for tough new laws which increase transparency and crack down on global corruption. Over 6,500 ONE members emailed their MPs and put pressure on Parliament to do the right thing.
The World Bank’s landmark study, ‘The Puppet Masters’, showed that 70% of the world’s largest corruption scandals involved anonymous shell firms – and that the British Virgin Islands is the second most popular location for firms used to launder money.
Greater transparency will help end the cycle of poverty caused by these practices and will support countries to finance their own fight against poverty.
Well, this week – MPs backed a tough new law which will change this.
This is incredible news. The Houses of Parliament backed an amendment to the Sanctions and Anti-Money Laundering Bill. This historic amendment will force governments in the British Overseas Territories and Crown Dependencies to publicly reveal the true owners of companies registered – helping to end secrecy and stop corruption.
Campaigning works. This campaign has been led by the Labour MP Dame Margaret Hodge and Conservative MP Andrew Mitchell, with the support of some of the UK’s leading campaigners including Global Witness, Transparency International, Oxfam, Christian Aid, and ActionAid. We’re proud to work with these fantastic activists.