Contributions
487 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)As I understand it, if the owner of a company is an opaque company in the British Virgin Islands or another one of our tax havens, the ability to get behind that and see the…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)rose —03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)The Minister is quite right to say that the powers are there, but I hope he agrees that a way to facilitate this would be to introduce a new criminal offence of failure to prevent…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I am genuinely sorry to interrupt, and I am looking at the Minister for Security as well. It seems to me that if we consider the behaviour that somebody has done to be so bad that…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)Yes, please.03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I am very grateful. This is really to understand it. If somebody is sanctioned, are they the sort of individual we would want to be a director of a company?03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)If someone has some ownership in the securities market—I am not a financial expert, so I do not know whether I am understanding this right—and one took action on the assets, that…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)rose—03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I do not understand that. I do not know whether the Minister can explain it in ordinary language. It sounds to me like people with other financial interests will not be subject to…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)rose—03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I will look in detail later to ensure that what I asked for is there, but I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn. Amendment made: 8, in…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I am grateful to the Minister for giving way. Yes or no: will Companies House be able to challenge at any point information given to it by a TCSP—an authorised provider?03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I will speak very briefly. It would be nice if the Minister could agree to the amendments, which are simply there to tighten up the oversight of the bodies. Amendments 81 and 82…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I beg to move amendment 81, in clause 63, page 49, line 38, at end insert— “(3A) When an application is made under this section, the registrar may request evidence from HMRC that…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Will my hon. Friend give way?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Will the Minister give way?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)The Minister has not answered the point about whether, in the Latvian cleaner example, her permission would legally have had to be sought for that address to be used, but let us…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)I know; there should be spot checks.01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)I want to say a number of things. First, may I say to Conservative Back Benchers that I do not think anyone in the room wants to do anything other than encourage maximum…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)What I would say in answer is that we have had incredibly good advice on drafting, from both the House itself and our own advisers. I would urge the Minister to look at subsection…01 Nov 2022