The Economic Secretary to the Treasury
Labour MP for Wycombe
Your MP (Emma Reynolds) represents you, and all of the people who live in Wycombe, at the UK Parliament in Westminster.
MPs split their time between Parliament and their constituency. In Parliament, they debate and vote on new laws, review existing laws, and question the Government. In the constituency, their focus is on supporting local people and championing local issues. They have a small staff team who help with casework, maintain their diaries, and monitor their inbox.
Labour MP for Wycombe
Entered the House of Commons on 6 May 2010 — General election
Also represented Wolverhampton North East
Emma Reynolds campaigned to remain in the European Union Source: BBC
This Government are committed to tackling money laundering. Money laundering through cash-based high street businesses is a known issue, and the Treasury works closely with law enforcement agencies to monitor trends in criminality and ensure resources are deployed towards the most significant threats.
It is right that we take a robust approach to money laundering, and we have a tailored approach to cash deposit limits to reflect the differences in needs and risk profiles across businesses’ customer bases. I am committed to working with the Financial Conduct Authority and others to ensure we strike the right balance—one that allows businesses to continue their operations but also...
We take this issue very seriously. The Treasury owns the money laundering regulations, but the FCA has a key role as a major supervisor, and we work very closely with the criminal enforcement agencies. Of course, those agencies are independent, but we are absolutely committed to clamping down on money laundering.
More of Emma Reynolds’s recent appearances
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