Money Laundering: UK Parliamentarians — Question

Part of the debate – in the House of Lords at 2:50 pm on 14 October 2014.

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Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury 2:50, 14 October 2014

It is always difficult for me to comment on individual cases. I think that Members are making their points very clearly, with a variety of illustrations that I absolutely take on board. I will certainly follow up with the banks domestically through the Joint Money Laundering Steering Group, which provides the guidance. We are trying to strike a balance that makes it impossible for corrupt politicians, terrorists and criminals to go about their business but which leaves the rest of us unimpeded to go about our lives in a normal way.