UK Parliament / Open data

Economic Crime (Transparency and Enforcement) Bill

My hon. Friend is absolutely right. I said that unexplained wealth orders were one of several tools, but we have other tools that have to be deployed. Registration, beneficial ownership—all those aspects are covered in the legislation, and rightly so. By accelerating the legislation, we are concentrating on the sharpest tools we can use and the powers we can bring into force in the most focused time. Expediting this legislation will send a very strong signal that the UK will not be a home for corruption.

About this proceeding contribution

Reference

710 c30 

Session

2021-22

Chamber / Committee

House of Commons chamber
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