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Money Laundering: British Banks

Part of the debate – in the House of Commons at 12:34 pm on 21st March 2017.

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Photo of Simon Kirby Simon Kirby The Economic Secretary to the Treasury 12:34 pm, 21st March 2017

It is worth saying that our shareholding in a number of banks is at arm’s length. We are not operationally in control, as is right and proper. The important thing is that we learn lessons from the past and make sure that the past is not repeated.