Legislative Consent

Part of Scotland – in the House of Commons on 16th March 2022.

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Photo of Alister Jack Alister Jack The Secretary of State for Scotland

The hon. Gentleman will also know that the UK Government clamped down on the abuse of Scottish limited partnerships in 2018, but we want to do more, and early in the next Session of Parliament there will be an updated economic crime Bill and further measures will be taken. He is absolutely right that those partnerships were being used by foreign individuals and companies to launder money. We know that. The reforms in 2018 increased transparency and put more stringent checks on the individuals forming those companies, but, hopefully with the support of the Labour party, we will tackle them in the next Session of Parliament.