Contributions
1,851 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Eighteenth sitting)New clause 60 takes us back to some of the issues we touched on during Tuesday’s debate on part 4 of the Bill in relation to cryptoassets. Considering how many new regulations…24 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighteenth sitting)I beg to move, That the clause be read a Second time. New clause 55 also provides a simple solution to what appears to be a flaw in the Bill’s current drafting, which could be…24 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Eighteenth sitting)I thank the Minister for those clarifications. This was an opportunity to set out those assurances, which we are happy to accept. I beg to ask leave to withdraw the motion.…24 Nov 2022HANSARDHotel Asylum Accommodation: Local Authority ConsultationIt seems that we come to the Chamber at least once a week to hear about the mess that the Home Secretary is making of an asylum system that her Government have broken. The root…23 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The Opposition are concerned about enforcement. As the Minister and I have agreed throughout the debate, and as his ministerial colleague has frequently said, legislation without…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I thank the Minister for that response. Would he care to comment on the feedback from the Solicitors Regulation Authority, which points particularly at the fact that many of the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)According to the Government’s impact assessment, the purpose of clauses 143 and 144, which expand the scope of exemptions from money laundering offences, is to reduce the number…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The Minister is being very generous. On that point about seizing the assets, will the Minister comment on the feedback that Aidan Larkin, an expert in this area, gave me, which is…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The use of enhanced powers to seize and detain digital assets, as set out in schedule 6, will be subject to a court order. Clause 142 and schedule 7 and the related Government…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I thank the Minister for sitting down even before I had intervened.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)But is it not simply the case that we are not putting enough resources into the enforcement of laws and the policing of such markets? That is fundamental to achieving the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)It is a great pleasure to serve under your chairship today, Mr Paisley. I take the opportunity to welcome the Minister to his place; I do not think that I have done so formally,…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Clause 147 raises a number of concerns for us, which I hope the Minister will be able to address. It aims to change the procedure for updating the Treasury’s list of countries…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I apologise for jumping the gun, but I thought we had already debated the group.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I have no substantial comment on the Government amendments. I should have made that clear. As the Minister says, these are technical amendments that do not have a huge amount of…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I apologise—I thought we were already on that.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Don’t worry, Mr Paisley—we could probably exchange notes on that at great length. I thank the Minister for those points. I recall his time as chair of the Foreign Affairs…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Clause 154 would lift the current statutory cap on the penalties that may be imposed by the Solicitors Regulation Authority, as delegated by the Law Society, for breaches of the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I thank the Minister for that clarification, and I am grateful for his offer to write with further details. On the point about using the Bill to prevent economic crime with…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I thank the Minister for that clarification. There is a broader scope to economic crime, not just a specific focus on money laundering, and that covers a wider range of aspects of…22 Nov 2022