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Streamlining the practice does not imply that the public interest is dismissed.
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However, KKR and Apollo Global Management are publicly-listed private equity firms that apparently had not been singled out before for this practice in spite of public disclosures about everything else.
FORBES: New York AG's Private Equity Investigation: Money Grab or Shameless Politics?
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Churchill was found to have committed a corrupt or fraudulent practice, received information that was not in the public domain and misled an official and hindered an investigation, as well as causing jockeys to breach the rules.
BBC: SPORT | Other Sport... | Horse Racing | Jockeys get 18-month suspensions
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Note that right at the outset the public interest comes first ( at least on paper, if not in practice).
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Two newspapers, the New York Times and the Guardian, kept the story in the public eye, depsite News International's insistence the practice was not widespread.
CNN: Phone hacking: How scandal unfolded
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Not only do they verify an organization's 501c3 public charity status (a standard practice), but they also review an organization's operating materials to ensure that its work matches donors' expectations.
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The Public Accounts Committee said that as a result of the practice, parliament was not being given a full picture of the expense incurred by massive purchases.
BBC: Defence spending 'masked' by MoD
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This will lead to more Parliamentary debate on security matters, public hearings on the national security strategy, and - as promised - greater transparency over appointments to the Committee so that the Committee can not only review intelligence and security but also perform a public role - more akin to the practice of Select Committees - in reporting to and informing the country on security matters.
BBC: In full: Brown security statement