Paradise Papers

Part of the debate – in the House of Commons at 3:39 pm on 6th November 2017.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 3:39 pm, 6th November 2017

As the right hon. Lady knows, there are many good reasons why, for perfectly honest and decent purposes, individuals use trusts. She also knows that we have made a great deal of progress on the common reporting standard across 100 different countries, including those to which she alludes. We are also bringing forward the registers of beneficial ownership across those jurisdictions so that HMRC has the information that it requires.