Two individuals in the Ansbacher deposits case have failed in their attempt in seeking anonymity in a court hearing today.
The two sought to prevent their names being included in a report by inspectors investigating Ansbacher Cayman.
This morning Mr Justice McCracken ruled that the two could not challenge this anonymously saying that "openness is a vital element of the judiciary."
He said that in the ‘hierarchy of rights’ the constitutional requirement to have justice administered in public and the right of the public to have "justice being seen to be done" exceeded that of the individuals right to privacy, confidentiality or a good name which he said was already fully protected by libel and defamation laws.
The Attorney General, Mr Michael McDowell SC, and the Director of Corporate Enforcement, Mr Paul Appleby, had opposed the hearing of any application by Mr Justice McCracken from the two individuals without their revealing their identity.
It is thought today's ruling will be appealed to the Supreme Court.