Contributions
487 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)I am very happy to do that. I think we all want the same thing. All we are trying to do is find the best way of doing it. I will be pressing this amendment to a vote, I am afraid.…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Sincere apologies for being late, Mr Robertson. I want to start by welcoming the Under-Secretary of State for Business, Energy and Industrial Strategy, the hon. Member for Thirsk…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I am grateful to the Minister—I know he is struggling. Why not put this objective in? If Companies House is going to do this work anyway, what is the objection? Why not let it…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I agree, but the point with Danske Bank, as with so many of these massive scandals, is that it was a whistleblower who uncovered wrongdoing, not the enforcement agencies. We will…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Several things arise from the Minister’s great contribution. First, I look forward to his support for our amendment to ensure proper parliamentary scrutiny of the work of…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Further on in the Bill, there are a lot of Henry VIII powers. I cannot see the justification in this context, and perhaps the Minister can advise us why we cannot put 28 days in…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I will be brief. We think that Companies House has to do more in a whole range of areas if it is to be effective, such as on information on directors and proper control of company…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Is the Minister minded to use that power to enter the nationality of individuals on a company’s register of members?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)How will the exemption be defined? Will the regulations confirming the exemption be subject to the affirmative procedure? Also, I draw to the Minister’s attention an example that…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I am worried about this. Will the Minister look at how Fedotov managed to get an exemption, and then perhaps write to Committee members about it? Then we could see whether there…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)This question is really just for information. Can the Minister explain why the three categories were chosen for inclusion in the Bill? Why are we only looking at these? What was…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I am really sorry, but I just want clarification. Does that mean the decision is taken by both Companies House and the Secretary of State—or a Minister on their behalf?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Will the Minister give way at this point?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)I am bewildered. The Minister may be too. Proposed new subsection (4A) in clause 14(5)(b) sets out that an application must be made “within the period of three weeks”. Obviously…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Okay, but I have not read anywhere in the Bill of a legal duty placed on an individual establishing a company to seek the permission of the person whose address it is, whether a…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)I rise to support amendment 86 and to speak to amendment 94 in my name. I have to say to the Minister that this is the first debate where there is a flaw in how the legislation is…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)Interestingly enough, the example that I was halfway through describing proves that one could still choose an address and have documents delivered to it, but, if one had not…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)They don’t.01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q What would that entail? Peter Swabey: That would entail detailed verification of who people were, of who the ownership was and how that was structured and, effectively,…27 Oct 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q They are supposedly regulated and supervised by HMRC. Previous witnesses talked about OPBAS, which in its most recent report said that 81% of those supervisory bodies did not…27 Oct 2022