Oral Answers to Questions Debate
Full Debate: Read Full DebateJames Duddridge
Main Page: James Duddridge (Conservative - Rochford and Southend East)Department Debates - View all James Duddridge's debates with the Foreign, Commonwealth & Development Office
(9 years ago)
Commons ChamberI discussed progress on central registers of beneficial ownership with the Premiers of the Cayman Islands, the British Virgin Islands and Bermuda yesterday and will have a further opportunity to do so when they are in London next week for the joint ministerial council.
In April 2014, the Prime Minister wrote to the overseas territories:
“The rest of the world is watching us closely and public registries will demonstrate the sincerity of our commitment to improve corporate behaviour and set a new standard for transparency of company ownership.”
It is clear he wants overseas territories to have public registers of beneficial ownership. Will the Minister ensure that overseas territories adopt public registers or, at the very least, ensure access for the public in line with the fourth EU anti-money laundering directive?
The hon. Gentleman should give the overseas territories credit where credit is due. Progress has been made towards the greater use of central registers, and we are currently working on security and police forces’ access to them, but, in the longer term, he is entirely right: ultimately, we will have to move in the direction of public access to that information. But the overseas territories are making progress.
What progress have the British overseas territories made with the UK on the exchange of tax information?
Clear progress has already been made. The territories have already fulfilled their commitments on automatic tax exchange, and this was achieved working in partnership with them.
4. What support the Government are providing to countries neighbouring Syria to help displaced people.
T5. Improving economic ties between the UK and sub-Saharan Africa is important, so what are the Government’s objectives at the global African investment summit next week?
My hon. Friend is absolutely right that economic development is central to everything that we do. Ahead of the global African investment summit I will be meeting a collection of Presidents, Prime Ministers and Foreign Ministers at Lancaster House, to look at economic development and at working with those countries to develop their businesses alongside British business, to grow Africa out of poverty.
The Foreign Secretary has several times today mentioned the need for a comprehensive strategy. We have heard before about financial sanctions. Will he update the House on what conversations he has had with counterparts in the US and the EU about stopping the supply of cash and financial services to Daesh?
I am grateful to the hon. Gentleman for raising the situation in Burundi. It is important that there is a regional solution, and I have had discussions with the Rwandan Foreign Minister and the new Tanzanian Government, which have engaged the African Union and the EU. We got over a difficult moment a few weeks ago, but this is still a matter of grave concern, and I have had a number of frank and open conversations with the Burundian Foreign Minister. Indeed, I sent him an open letter, as did several members of the international community.
The Syrian Observatory for Human Rights estimates that Russian air strikes have killed 400 civilians, 97 of whom were children. When the Foreign Secretary meets Foreign Minister Lavrov in a couple of weeks will he urge him to refocus those air strikes away from the opposition armies that are fighting Assad’s reign of terror towards the terrorists who brought down that Russian airliner?