Contributions
663 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I suppose we may as well get all the details out now. The estimates for how much extra resource Companies House might need range from three times to 10 times its current level. I…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)In the light of that remark, will the Minister go further and tell the Committee how he will tackle the problem of shell people if we are unable to get information about them?…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Such as Russia.01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)We might as well pursue this point while we have the time. The 25% threshold is obviously very high, and an amendment will be tabled seeking to lower it. If that does not go…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)And the target?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Will the Minister give way?01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I want to reinforce the last point made by my hon. Friend the Member for Feltham and Heston. If we are going to equip the Minister with new powers, it is important that he tells…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixth sitting)When my right hon. Friend has those conversations with the Minister, will she ensure she also talks to the Minister for Security? He was Chair of the Foreign Affairs Committee…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)This is an important debate, and I think that the Minister’s reply will be, in a sense, a useful “Second Reading” debate on how he will deal with the problem of resourcing. I know…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I join my colleagues in welcoming the Minister to his post, in what is a very welcome appointment, and I apologise to you, Mr Robertson, for being slightly late this morning.…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)The Minister is being characteristically generous in giving way. The point about Danske Bank is that the money was moved through UK corporate structures that should not have been…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)My sense is that the Minister will steer clear of specifying the order of magnitude by which we need to increase Companies House resources. That is a disappointment to many of us,…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)We do. That is exactly what we want to do.01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)I think this has been a disappointing start to the Committee. Last week in the evidence sessions, I read out the objectives and asked the witnesses what they thought of them. We…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifth sitting)Let me go back to 1855 for a moment, which is when this House last debated the creation of limited liability companies. It is worth every member of the Committee studying the…01 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q 213 Thank you, Ms Bardell. Starting with you, Angela—thank you so much for coming to give evidence. First, what are the perceptions around the world of London, in particular, as…27 Oct 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q You used the word inevitable in your answer. Is it inevitable that there will be lots of dirty money on the scale we have flying through London today? Angela Foyle: I think what…27 Oct 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q So it could be part of the solution. Professor Jason Sharman: Yes.27 Oct 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q I am grateful for those guard rails, Ms Bardell. At the moment, the Bill has a lacuna, which is any protections around safeguarding politicians from dirty money. We are not…27 Oct 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fourth sitting)Q Jason, you are a political scientist. Why are we in this position where we have such weakness? Why has our political system failed to address these weaknesses for so long?…27 Oct 2022