Corporate Transparency and Economic Crime

Diana Johnson Excerpts
Monday 28th February 2022

(2 years, 2 months ago)

Commons Chamber
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Kwasi Kwarteng Portrait Kwasi Kwarteng
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As I have said to the House, we are introducing legislation and, in the customary way, there will be plenty of scope for right hon. and hon. Members to move amendments and to tweak the legislation in any way they see fit.

Diana Johnson Portrait Dame Diana Johnson (Kingston upon Hull North) (Lab)
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The Secretary of State has been challenged several times this afternoon about the need for effective enforcement of any new legislation. What additional resources and support will be given to our law enforcement agencies to ensure that the legislation can be properly enforced?

Kwasi Kwarteng Portrait Kwasi Kwarteng
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My right hon. Friend the Minister for Security will address some of those issues in his Department. There is legislation currently under consideration that will give more powers to enforcement agencies. As far as my Department is concerned, we have campaigned successfully for more resources for Companies House so that it can become a much more effective watchdog than it currently is.