Contributions
1,648 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)May I kindly suggest that the Minister ask his officials more about how the unique IDs that are used in Australia, New Zealand and India are working, and whether there is…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)I think I found three. For the most part, the Minister’s arguments are very strong, but he is on very weak ground here. Is he seriously saying that if someone genuinely wants to…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)The example was given of the number of John Smiths there might be. There might even be a number of Seema Malhotras, but I do not know that there are as many.08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Ninth sitting)The clause expands the existing powers of the Secretary of State to allocate individuals who have had their identity verified with unique identifiers, which are reference numbers…08 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)Thank you, Ms Elliott. It is a pleasure to serve under your chairship. I will speak for the Opposition on clauses 36 to 43, and I will say a few words about our new clause 35. We…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)We welcome clause 57 which, as the Minister said, prescribes the company’s duty to notify the registrar about certain events and provide certain information in advance of and at…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I understand what the Minister says in relation to GPG 45. I wonder whether he has considered that, in circumstances where an identity document with a photograph of the…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)When the Minister writes to my right hon. Friend the Member for Barking—which I am sure will be copied to all members of the Committee—it would be helpful to understand who would…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I am grateful to the Minister for giving way. I feel that we have allowed this conversation to get a bit more complicated than it needs to be on one specific point in relation to…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)Will the Minister clarify what he said? Will all directors be given a unique identifier?03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)It is a pleasure to serve under your chairship, Mr Robertson. I will continue to speak to this group, finishing with a few remarks about clause 43 and our new clause 35. We…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I thank the Minister for his comprehensive walk through these clauses, which I am sure he wrote overnight. It was very helpful. I have a few questions, but I will start by…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I beg to move amendment 104, in clause 49, page 34, line 32, after “time” insert “and annually thereafter”. This amendment would require a confirmation statement with company…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I thank the Minister for giving way. I do not think this is a case of micromanagement, and nor are we asking for hundreds of things. We are making a specific request, based on…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Seventh sitting)I will just finish my point. Should the registrar be watching this debate and decide that an automatic alert is a good idea, does the Minister agree that the power of information…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)Honourable—for the moment.03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I thank the Minister for his comments. We welcome the measures in these clauses. As the Minister said, clause 52 updates the filing requirements for micro-entities. A company is a…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I thank the Minister for his comments and his recognition of the important sentiments behind the amendment, which I will withdraw. I think some of the measures he outlined…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)I think we all agree that we do not want to do things that impede lawful activity—that is not a matter for debate, really. The question is whether the systems will be strong…03 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighth sitting)As the Minister mentioned, the clause amends the Companies Act in relation to individuals’ dates of birth and when they can be restricted from disclosure. The measures are…03 Nov 2022