By now we know that the economic, social and political repercussions of the coronavirus pandemic will be with us for years, if not decades. It is already clear to us that the impact on our lives extends well beyond the present public health emergency.
Although it makes fewer headlines than job losses or national lockdown policies, one of the most significant impacts of the crisis worldwide is on global governance, where pre-existing weaknesses and problems have become further exacerbated.
Beneficial ownership opacity – in other words, the inability to find out who owns and controls specific businesses – is an issue around the world as governments focus on the pandemic. Moreover, it is an issue with wide ranging implications.
