Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Chris Elmore Excerpts
Tuesday 17th May 2022

(1 year, 11 months ago)

Commons Chamber
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John Glen Portrait John Glen
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I thank my hon. Friend for his question. I think he is the House’s foremost observer of banks’ behaviour, but he also knows that this is an extremely complex area of law. The Government have asked the Law Commission to undertake an in-depth review of laws around corporate criminal liability for economic crime and to make recommendations. My understanding is that the Law Commission will make an announcement on this subject imminently, and we will look at that very carefully.

Chris Elmore Portrait Chris Elmore (Ogmore) (Lab)
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One of the key complaints from any of my constituents who are victims of economic crime is about the inability to reach out to Action Fraud, and if they do, they get no response. I urge the Minister—plead with him, in fact—to reform the work of Action Fraud and perhaps even bring about a new body in any new legislation to ensure that constituents get some sort of answer and, importantly, some form of support from the authorities of the UK state.

John Glen Portrait John Glen
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This is a criticism that I hear. I am very happy to meet the hon. Gentleman to discuss it further, examine the experience of his constituents and look at what we can do constructively to move things further in the right direction.