Contributions
1,185 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Indeed, and I am delighted to be called to speak to it. The clause provides the Secretary of State with the power to make consequential amendments that arise from the Bill. The…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)So, $13,000. That certainly speaks to the level of volatility. It has been up and down like a yo-yo in between times, so it is not exactly as though anybody would have been…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I can assure the hon. Gentleman that the National Crime Agency, working alongside partners in places such as GCHQ, has enormous amounts of technology to look at cryptoassets in…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I beg to move amendment 121, in clause 142, page 125, line 18, at end insert— “(2) It also contains related amendments.”. This amendment provides for Schedule 7 (cryptoassets:…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)This is a series of small wording and technical amendments that make no substantial changes to schedule 7, but simply ensure clarity and maintain consistency in the Bill’s…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I was rather under the impression that we had not voted on the amendment.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)It feels a bit sentence first, verdict afterwards, but all right.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)What clause 142 and schedule 7 does—22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I have nothing further to add on that. Amendment 121 agreed to. Question proposed, That the clause, as amended, stand part of the Bill.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)It is unusual to have the Opposition argument before the ministerial one—22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am delighted to have had the position set out so clearly. Perhaps it would be helpful if I answered some of the hon. Gentleman’s questions. The reality is that this part of the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am pleased that the hon. Gentleman is so supportive of the work of the NCA, because it, GCHQ and others have been working extremely hard on identifying the movement of…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)In a most unusual role, I shall start this time. Clauses 143 and 144 expand the types of case in which businesses can deal with clients’ property without first having to submit a…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am delighted to respond to that. The rising volume of DAMLs being submitted has already had an impact on effectiveness. That is welcome, in that businesses are taking their…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am sure that having data at source in as clean and fluent a fashion as possible, so that it is complete and allows investigation, is absolutely essential. I am sure that…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Clause 145 amends the existing information order power in the Proceeds of Crime Act 2002 to bolster the UKFIU intelligence-gathering powers. Clause 146 addresses a gap in…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The clause amends the Sanctions and Anti-Money Laundering Act 2018 to allow the Treasury to directly publish and amend the UK’s high-risk third countries list on gov.uk. Under the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The idea of a kleptocrats list is an interesting one. It is not one I have heard before. If the right hon. Lady will forgive me, I will look into it and respond to her in writing;…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)No, I do not. I always found that when I wanted to get parliamentary scrutiny as Chair of a Committee, I managed to find ways to do that—often through debates, in which the hon.…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I beg to move amendment 122, in clause 148, page 136, leave out lines 22 and 23 and insert— “(1) The protections set out in subsection (1A) apply in relation to a disclosure made…22 Nov 2022