Sanctions (EU Exit) (Consequential Provisions) (Amendment) Regulations 2020 Debate
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Baroness Gardner of Parkes
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Sanctions (EU Exit) (Consequential Provisions) (Amendment) Regulations 2020
Baroness Gardner of Parkes Excerpts(3 years, 6 months ago)
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Baroness Gardner of Parkes (Con) [V]
My Lords, I read in the Explanatory Notes that an impact assessment has not been made
“as no, or no significant, impact on the private, voluntary or public sectors is foreseen.”
That is good, but it is also important for us to appreciate that that is the situation. Section 49 of the sanctions Act covers the investigation of terrorist financing. That is just technical wording but it has been mentioned as being so important—I think it certainly is—that we should do everything to prevent money laundering and the awful crimes and abuses associated with it. I strongly support these regulations.