Contributions
4,729 recent contributions in Hansard
HANSARDEconomic Crime (Transparency and Enforcement) BillI would be happy to debate with the noble Lord. When I queried this, my information was that Germany potentially has something similar, but nobody else. I am happy to exchange…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillWe are not opening the door. I assume that the companies the noble Lord is referring to are existing UK-registered companies; I know he has asked me a number of Written Questions…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillYes, I am happy to meet with the noble Lord and his colleagues to discuss that matter.14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) Bill14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) Bill14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillFirst, I thank all noble Lords who have contributed to this debate. Before I address the amendments tabled, I reiterate the point I made earlier. This will be almost the first…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillIndeed, I am happy to provide the reassurances that both noble Lords have asked for—in the case of the noble Lord, Lord Clement-Jones, in terms of the regulations, and in the case…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillMy Lords, I start this grouping by speaking to the government amendments, which I have tabled. They are Amendments 33, 75 and 76; 35, 36 and 37; 63 and 77; 65, 66, 69, 70 and 72;…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillI am mindful that several noble Lords, including the noble Baroness, Lady Chapman of Darlington, and the noble Lords, Lord Fox and Lord Sikka, have tabled a number of amendments…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillThe noble Lord will know from his time in Government that the law officers provide confidential legal advice to Ministers. I can only say to him that I am personally satisfied…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillI totally understand the point the noble Lord is making. I cannot give him a precise date; all I can say is that I am keen to commence this legislation as quickly as possible, but…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillIt is a number of different things. There are administrative procedures to be put in place; the IT system is of course important—I am hesitant to give assurances on when a…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillI thank the noble Lord for his legal advice; I should not let my prejudices against lawyers get in the way here, but no doubt there are others who one might want to employ who…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillI first thank the noble Lord, Lord Eatwell, for tabling Amendment 42 and for his thoughtful contribution at Second Reading on the same subject. He is, of course, absolutely right:…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillMy Lords, it might be helpful for the Committee, before it debates this amendment, if I set out that of course I am aware of the strength of feeling on this issue and am very…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) Bill14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillFirst, I thank noble Lords for their comments. I do not disagree with the sentiments of a lot of what has been said. I say to the noble Lord, Lord Coaker, that I absolutely…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillYes, but they would have to be tabling notices to any potential beneficial owners in order to update the register. We think that if we have a yearly update, any third party…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillMy Lords, Amendments 54 and 84 require the Secretary of State to consult the devolved Administrations before making regulations on devolved land matters. It is appropriate when…14 Mar 2022HANSARDEconomic Crime (Transparency and Enforcement) BillMy Lords, the Government have put forward a number of amendments to the register of overseas entities provisions. These amendments will address a number of the concerns of Members…14 Mar 2022