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2,740 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I am happy to raise that with officials and come back to the right hon. Lady. [ Interruption. ] There is some flapping about right there, as I speak.08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I think that we are trying to achieve the same thing, just in different ways. We discussed this issue at length in previous sittings. Companies House is already actively working…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)In what circumstances?08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)Absolutely. That is exactly how we expect it to operate. Once the registrar refuses the document, it will be treated as not having been delivered. Under clause 77, the Companies…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I thank the right hon. Lady for her contribution. Clause 63 introduces a requirement for third party agents who wish to provide corporate services to clients, such as…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I am aware that hon. Members have tabled amendments in relation to ID verification in the groupings to follow, but I will first speak to the first clause in this chapter. Clause…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)The hon. Lady raises some good points on retrospective penalties. I will find out that information and come back to her. Question put and agreed to. Clause 57 accordingly ordered…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I do not disagree. I agree with the hon. Lady about automation, but checking every single document and every single file would be ludicrously burdensome, because 99% of those…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I am very disappointed that the right hon. Lady regards me as anti-regulatory. I want a system that allows good, bona fide businesses to go about their daily business without…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)Who will uncover—03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)The clauses in this group will help the registrar to fulfil their new objectives, as set out in clause 1. Clause 57 obliges companies to notify the registrar of additional…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)Yes, that is in clause 66. Further detail about the use and allocation of unique identifiers will be set out in regulations made via the affirmative procedure, so Parliament will…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I will check the implementation date of the new rules around filing full accounts and let the hon. Member know in detail. In terms of the audit exemption, the threshold is…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)This group of clauses will improve the quality and value of financial information on the companies register. Clause 52 will require a micro-entity company to file both its balance…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)The clause would make amendments to the Companies Act 2006 to streamline filing obligations and remove unnecessary burdens, and to provide more protection of personal information…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)Let me quickly respond. The shadow Minister wanted to know the date of the consultation that the three out of four figure came from. It happened between 2019 and February 2021, so…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)The hon. Lady has obviously read clause 66, “Allocation of unique identifiers”, which I think is what she is seeking to achieve. What about that clause does she not like?03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)What limit would the hon. Lady put on it?03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I beg to move amendment 1, in clause 32, page 22, leave out lines 8 to 12 and insert— “(1) This section applies in relation to a person who has, at any time on or after the day on…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)The right hon. Lady can intervene again if she wants further clarification.03 Nov 2022