HM Treasury written question – answered at on 5 March 2018.
Helen Goodman
Shadow Minister (Foreign and Commonwealth Affairs)
To ask Mr Chancellor of the exchequer, how many companies have been prosecuted by HMRC under the Money Laundering Regulations 2017 in the last year.
Mel Stride
Financial Secretary to the Treasury and Paymaster General
HMRC has not prosecuted any companies under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 in the last eight months since its enactment.
HMRC successfully prosecuted one individual under the Money Laundering Regulations 2007 in 2016/17 and one individual in 2017/18 to date.
Yes3 people think so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
