My theory is that secrecy jurisdictions, shell companies etc, are opaque to the legal system but transparent to intelligence agencies. Under that arrangement,

My theory is that secrecy jurisdictions, shell companies etc, are opaque to the legal system but transparent to intelligence agencies. Under that arrangement, politicians and the very rich still get a way to retain their privacy and avoid taxes, which I assume they are very effective at lobbying for, but the risk of terrorism is minimised.