"In response to queries from the "Miami Herald" and ICIJ, Mossack Fonseca issued a 2,900-word statement listing legal requirements that prevent using offshore companies for tax avoidance and total anonymity, such as FATF protocols which require identifying ultimate beneficial owners of all companies (including offshore companies) before opening any account or transacting any business.The "Miami Herald" printed the statement with an editor's note that said the statement "did not address any of the specific due diligence failings uncovered by reporters".