"Last week, the Government published a new economic crime plan in partnership with the private sector to create a whole-system approach to economic crime. Her Majesty’s Government are investing at least £48 million this year to bolster capabilities to tackle economic crime, including with the establishment of the National Economic …..." Ben Wallace - View Speech
"The new economic crime plan brings together all the different actors on the stage the Government have invested in and identifies all those areas that need to be solved. It is a better analysis of economic crime. We have set up the NECC to bring together all the assets of …..." Ben Wallace - View Speech
"Given the economic character of that question, the best thing is for me to write to the hon. Lady with the detail of the number of financial investigators—[Interruption.] The hon. Lady has not been particularly specific. Does she mean the number of detectives within the National Crime Agency, within …..." Ben Wallace - View Speech
"Absolutely. Building “failure to prevent” offences such as bribery and tax evasion into statute makes a real difference. It is important for us to give our law enforcement agencies powers to deal with, for instance, corporations that engage in conspiracies, because in the past that has been very hard to …..." Ben Wallace - View Speech
"The hon. Gentleman is absolutely right. While large sectors are regulated under the FCA, we have seen fraudsters exploiting marketing as a guise to escape that regulation. When we identify them, there are criminal investigations, but I should be delighted to meet the hon. Gentleman and hear more about his …..." Ben Wallace - View Speech
"Transparency is the best disinfectant in such cases, and the Government are working hard to improve the operation of Companies House to ensure that we get to the bottom of some of these spurious companies. We are also fully committed to the establishment of a public register of property ownership …..." Ben Wallace - View Speech
"As the hon. Gentleman will know, I have been talking about that issue for a long time, and we have been working hard on it. “Failure to prevent” in relation to tax evasion is now being rolled out, and the National Security Council discussed the issue more than a year …..." Ben Wallace - View Speech
"My right hon. Friend has led a long campaign against such people. He will be glad to know that in the last few years, with our new impetus on economic crime, we have found that a number have already had their collars felt, some have had to explain their wealth—the …..." Ben Wallace - View Speech
"On 3 June, Brussels-based scientific testing company Eurofins Scientific reported that it had been victim to a global ransomware attack. In the UK, its subsidiary Eurofins Forensic Services (EFS), which is a significant private sector forensic testing provider was affected.
"A review of powers was undertaken as part of our updated comprehensive counter-terrorism strategy, CONTEST, and the lessons learned from the attacks of 2016 and 2017 were incorporated. Following the review, the Government launched the Counter-Terrorism and Border Security Act, which received Royal Assent on 12 February 2019...." Ben Wallace - View Speech