Treasury

Monday 23rd October 2023 Ministerial Corrections

Business Banking: Undesignated Client Accounts

The following is an extract from the debate on Business Banking: Undesignated Client Accounts in Westminster Hall on 18 October 2023.

[Andrew Griffith]

I am also happy to give my right hon. Friend the assurance that she seeks. She has been very patient and tolerant. I understand her and her constituents’ frustrations, but there will be no further delays. After having consulted earlier this year, we intend to look at how we can improve and reform the anti-money laundering procedures.

[Official Report, 18 October 2023, Vol. 738, c. 120WH.]

Letter of correction from the Economic Secretary to the Treasury, the hon. Member for Arundel and South Downs (Andrew Griffith):

An error has been identified in my response to the debate secured by my right hon. Friend the Member for Rochester and Strood (Kelly Tolhurst).

The correct response should have been:

[Andrew Griffith]

I am also happy to give my right hon. Friend the assurance that she seeks. She has been very patient and tolerant. I understand her and her constituents’ frustrations, but there will be no further delays. Through consultation this year, we intend to look at how we can improve and reform the anti-money laundering procedures.