I thank the noble Lord for that response. We will return to this issue. I opened my remarks with the Russia report. The Government have said that they have responded to every recommendation, but one remaining issue is interference in our political system. We will have a future debate on donations but it is important to focus on this specific issue. We will see things in future that we have not seen before in terms of attempts to undermine our system, and we have to be prepared for that. I was very pleased that the legislation went through—I would like to have seen even stronger elements to it—but even in today’s Guardian, people are saying that many ways remain for oligarchs to get around transparency declarations, including not only offshore companies but “five close relatives”, who can shift assets so that none of them reaches the 25% ownership level required. We know that people can try to get round these things, and we need to be absolutely vigilant.
I appreciate the Minister’s comments, and that he will come back and speak to me further; in the light of that, I beg leave to withdraw the amendment.