(2 years, 11 months ago)
Lords ChamberMy Lords, I support the points made by previous questioners. I seek an assurance from the Minister that banks will not pass on information that they acquire in this way for marketing and other purposes. That is not acceptable. What contact have the Government had with other countries? I understand that some countries provide much more of a light touch, particularly on public representatives who have never previously given rise to suspicion and who fill in their tax returns and fulfil their obligations generally.
Indeed. We are a strong member of the Financial Action Task Force, so we are in touch with other countries about what they do. As I said earlier, we have one of the strongest regimes, but it is up to us in the UK, particularly now that we have left the EU, to review how we operate. By the way, the noble Baroness will know that we are undertaking a review on the anti-money laundering regulations, which will report in June 2022.
(7 years, 9 months ago)
Lords ChamberMy noble friend makes a good point. Of course we are talking about the A1, but this is all part of the new interconnectivity up in the north and the north-east. We are bringing forward junction improvements on the A69 which should be complete by 2020. Every key junction on the A69 between Hexham and the A1 at Newcastle will be grade separated.
My Lords, I urge the Minister to act more swiftly in the dualling of the A1. People have campaigned for this for 20 or even 30 years and there is huge public support in the region for it, partly on safety grounds because of the number of head-on collisions given the confusing mixture of single and dual carriageways, partly on economic grounds to help an area of the country that would very much welcome such an economic boost, and partly on political grounds given that most of us welcome the fact that Scotland voted to remain part of the union. The A1 is a hugely important communications route between both London and Scotland and Northumberland and the Scottish borders.