Contributions
1,185 recent contributions in Hansard
HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Large amounts of financial data flow through the United Kingdom every hour. The majority relate to entirely legitimate and proper activity; however, a small proportion involve…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am glad to have support from further down the Treasury Bench. To request information, a business must have reason to believe that the other business holds information that will,…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am sorry to hear that the hon. Lady was considered a risk to public safety, a danger or a threat to the nation in any way. She is none of those things; she is a highly valued…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The hon. Member is making a perfectly reasonable point. I agree, and I will write to her about those timings so they are clearly on the record and we understand what is being…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The changes are being made and the new clause is important for exactly the reasons the hon. Gentleman has highlighted. The new clause will remove an obstacle with respect to the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)His Majesty’s Government’s national risk assessment for 2020 assessed the legal services sector as being at high risk of exposure to money laundering. The crisis in Ukraine has…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The hon. Member is asking about various of the different fining elements. Clearly, the fines discussion is a matter for the individual cases, and would be determined on a…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)The other sectors are already covered by the money laundering regulation. That element is focusing on legal services because that was a lacuna in the law.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I would have been pleased to speak to any of those clauses.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Let us go with clause 158, Mr Paisley.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I will answer the second question first, if I may. I am absolutely certain that my hon. Friend the Member for Thirsk and Malton and I will look with great interest at the…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)It is a great privilege, as always, to be with you this morning, Mr Paisley, and to enjoy the possibility of conversing about the Proceeds of Crime Act 2002. The clause introduces…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Indeed.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I thought I had finished.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I am delighted that the hon. Gentleman will now be supporting this element of the Bill, because that is exactly what it is for.22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixteenth sitting)Different devolved Administrations have been contacted in different ways. Some of them have been written to, and I have sought conversations with some, although that has not…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Sixteenth sitting)It is nice to see you this afternoon, Ms Elliott. I look forward to proceeding in order for some parts of this afternoon sitting. Clause 160 details the Bill’s territorial extent.…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)My hon. Friend the Under-Secretary has spoken to a lot of the issues, so I will just list clauses covered by the affirmative resolutions briefly—the others will be negative. That…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)Clause 159 provides that regulations made under the Bill are to be made by statutory instrument. The clause also sets outs the parliamentary procedure for how regulations under…22 Nov 2022HANSARDEconomic Crime and Corporate Transparency Bill (Fifteenth sitting)I beg to move amendment 43, in clause 159, page 144, line 21, at end insert— “(ba) regulations under section (registration of qualifying Scottish partnerships), unless they are…22 Nov 2022