Failure to Prevent an Economic Criminal Offence

Part of Criminal Finances Bill – in the House of Commons at 4:45 pm on 21st February 2017.

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Photo of Rupa Huq Rupa Huq Shadow Minister (Home Office) (Crime and Prevention) 4:45 pm, 21st February 2017

First, I would like to finish what I was trying to say. I was coming to the Crown dependencies and overseas territories, which I realise are two different things. I would also like to hear what the Minister has to say, because at earlier stages of the Bill he was conciliatory and we backed down on some things.

We are dealing with not just new clause 6 but new clause 17. We are looking at both overseas territories and Crown dependencies because, internationally, the UK will be able to lecture and persuade others to adopt transparent finance practices only if its overseas territories and Crown dependencies stop engaging in—