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Our government says it's ok. We are not being spied upon by them, and they've managed to get an agreement by the UK's Overseas Territories and Crown dependencies to sign up to a tax evasion clampdown.
That's Bermuda, the British Virgin Islands, the Cayman Islands, Gibraltar, Anguilla, Montserrat, the Turks and Caicos Islands, Jersey, Guernsey and the Isle of Man.
But the proposed register of companies, revealing the true owners, may not go ahead. Let alone be available to the public for scrutiny, so we get to know who are the cheaters.
..........well.. confirmable proof. Most are already known, certain groups of citizens in the UK take the time to note who's who!!