TED: The Panama Papers exposed a huge global problem. What's next? | Robert Palmer

The Panama Papers exposed how the rich and powerful hide money in offshore accounts, impacting public services. The leak led to significant political repercussions, including the resignation of Iceland's PM. Global Witness highlights the need for transparency and systemic change to combat tax evasion and corruption. The US lags in addressing these issues, with less coverage and fewer regulations. An undercover investigation by Global Witness revealed systemic problems in law firms aiding suspect fund transfers. The video calls for global action to end secrecy and promote transparency.

Why is there less coverage of offshore issues in the United States?

How can the Panama Papers lead to changes in legislation?

What actions does Global Witness suggest to combat offshore secrecy?