I am sure that the Secretary of State would like to join me in welcoming Dr Riches, who is watching our proceedings today. She is from the Royal Society and she is shadowing me as part of a pairing scheme. She is very welcome.
Holyrood unanimously approved a legislative consent motion for the Economic Crime (Transparency and Enforcement) Bill, which included an amendment from my Labour colleague Michael Marra urging the UK Government to remove a provision that would require ownership of land only from 2014 to be registered in Scotland registered, when the requirement is from 2004 in England. So if someone has laundered Putin’s dirty money in Scotland before 2014, they are in the clear. For example, Perthshire’s Aberuchill castle was bought by the Russian steel magnate Vladimir Lisin for over £5 million in 2005. He has been on the Treasury’s watchlist since 2008, but he is not covered. Vladimir Romanov, who bought Heart of Midlothian football club along with swathes of central Edinburgh, is allegedly hiding in Moscow under the protection of Putin. He would not be covered either, but both of them would be covered in England. Does the Secretary of State think that is right? What is he doing to implement the LCM amendment to sort this smugglers’ cove in Scotland?