Contributions
487 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)This is another opportunity to raise the issue, to which I have not had an answer, of Fedotov. That is how he kept his name off the— [ Interruption. ] It is. We just need an…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)It means the same to us—I think the Minister is really being a little bit pedantic here. If we bring the amendments back on Report with the words “risk-based”, perhaps we will…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)I think this is about a different interpretation of words. The amendment would require Companies House to conduct risk assessments of the information and data it holds on the…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)At the moment, the Bill says—I can’t read it because there is no bloody light! It is a thing that as you get old, your eyes aren’t brilliant: “The registrar must carry out such…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)I have to say we disagree, but I will come back to this issue. I think our proposals strengthen the Bill. I tabled my amendments to clause 88 because I do not support the wording…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)Yes. The law is being broken but nobody is pursuing those who are guilty. These are all reasons for closely monitoring data on persons of significant control. The measure would…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)Will the Minister give way?08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)And presumably the policeman does not knock on every door.08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)I will move on to new clause 37, which has the aim of checking that the stated person of significant control really is the person who controls the company. Powers to get…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)I know that we share the objectives, but I feel very frustrated by the inability to decide whether a risk assessment and a risk-based assessment are the same. For the life of me,…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)rose —08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)The answer is yes, is it?08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)This is becoming a rather absurd psephological debate. I have just asked my right hon. Friend the Member for Birmingham, Hodge Hill whether I have got the wording wrong—whether…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)I would say that there is no difference. In amendment 116, we have “risk assessments”. For those of us who think this is the way forward, I have to say that the Minister’s…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I was very interested in what the Minister said about ensuring that the authorised company service providers should be checked and supervised properly. It is really important to…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)Will the Minister give way?08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Tenth sitting)But when we come to the new clauses, which we will discuss later, they say “risk-based”. It is a risk-based assessment. Perhaps the Minister could explain what the difference is.08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I think it can. I have tried to find its powers and cannot find them. The great example is the Savaro one. It was the UK-based company that owned the warehouse where the fire took…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I accept that great progress has been made in the Bill, but addresses and personal details are also important. We know the way in which addresses are exploited: people put 3,000…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I think the Minister is right about Usmanov, but on Fedotov I think it was something different. I cannot quite remember the details, but he managed to use an exemption to hide his…08 Nov 2022