Ben Wallace
Main Page: Ben Wallace (Conservative - Wyre and Preston North)Department Debates - View all Ben Wallace's debates with the Home Office
(5 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Chris Davies (Brecon and Radnorshire) (Con)
The Minister for Security and Economic Crime (Mr Ben Wallace)
The Government have concentrated on bringing law enforcement together alongside regulators to focus ruthlessly on tackling dirty money and economic crime. In the next 18 months, we will invest over £48 million to bolster capabilities, including in the establishment of the National Economic Crime Centre.
Chris Davies
Does my right hon. Friend agree with me that, by bringing together specialists across both the public sector and the private sector to tackle this, we can use the best of our experience to maintain our status as a global financial centre?
Mr Wallace
Yes, I agree with my hon. Friend. It is in all our interests to ensure that our financial sector and country tackle financial crime. The global scale of it demands that all of us play our part to burden-share, which is why the serious and organised crime strategy last year specifically committed to ensuring the widest response from both Government and the private sector.
Nick Thomas-Symonds (Torfaen) (Lab)
A year ago, the Government introduced unexplained wealth orders to tackle the laundromat of dirty money in this country. It is reported that the National Crime Agency has identified 140 cases in which such an order would be appropriate, but only one order has been imposed in the past year. Why are the Government afraid of using the tools available to them?
Mr Wallace
I am grateful to the hon. Gentleman for giving me the opportunity to clarify some of his remarks. First, those orders were not introduced—enacted—until April last year, so they have not been used for a year; and two, not one, have been used. At the same time, the Criminal Finances Act 2017 brought into existence asset-freezing orders. In one year, since April, we have seen asset-freezing orders used 200 times alone in the Metropolitan police, freezing over £40 million. I assure him that the use of unexplained wealth orders will continue. However, he will know as a lawyer that the courts and the judiciary have to get used to understanding them, and we have to understand how the courts interpret the legislation; but he should not worry, the asset-freezing orders are doing their job, as will the unexplained wealth orders.
John Lamont (Berwickshire, Roxburgh and Selkirk) (Con)
The Minister for Security and Economic Crime (Mr Ben Wallace)
Tackling serious crime online is one of our highest priorities. We are increasing our investment in law enforcement and will set out plans to legislate in the online harms White Paper, jointly led by the Home Office and the Department for Digital, Culture, Media and Sport. It will set clear responsibilities for tech companies to keep UK citizens safe online, including protection from serious online crime.
John Lamont
Technology is at the root of a great deal of serious crime in the United Kingdom. I know that the Minister understands that and will want to work with tech firms to fight against crime committed online. However, does he rule out the suggestion made by some people, including Sir Timothy John Berners-Lee, the inventor of the worldwide web, that if significant change is not forthcoming from the tech firms, we should regulate them?
Mr Wallace
Sir Tim Berners-Lee is ultimately right in the sense that, yes, if communications service providers fail to respond to abuse of the internet, they will need to see an increase in existing regulation. We are considering a full range of possible solutions to address the issue, including a regulatory framework as well as broader legal and regulatory changes, where necessary.
Henry Smith (Crawley) (Con)