Joe Powell
Main Page: Joe Powell (Labour - Kensington and Bayswater)Department Debates - View all Joe Powell's debates with the Home Office
(2 days, 4 hours ago)
Commons ChamberI am grateful, as always, to the right hon. Gentleman because he always adds a significant amount of wisdom to proceedings, and I appreciate it. I agree about the importance of our relationship with the United States and that we absolutely have a mutual interest with colleagues in the new Administration. The Prime Minister discussed the matter with President Trump on his recent visit to Washington. I am aware of the report by the Intelligence and Security Committee in the previous Parliament that the right hon. Gentleman referenced. I wrote to the Committee this morning outlining the measures that I have announced today. I look forward to working closely with the Committee to ensure that we can collectively derive the benefits of the report. I am grateful to him and previous Members for the work they have done.
I thank the Minister for his reference to money laundering. He will know full well the extent to which Iran uses illicit financial networks to evade sanctions and to fund hostile activities. Will the Minister update us on what the Government are doing to follow the money and disrupt those money laundering networks, particularly those used by proxies and enablers in the UK?
I am grateful to my hon. Friend for his question and the important work that he does through the all-party parliamentary group. He is absolutely right that illicit finance funds hostile activities, and this Government take it incredibly seriously. That is why we have appointed Baroness Hodge as the anti-corruption champion and we are in the process of producing an anti-corruption strategy, which the Government intend to publish before the summer recess. That is also why I recently visited the United Arab Emirates, because the nature of this particular challenge requires an international response. It is why the UK seeks to work with our international partners to do everything we can to tighten the screws on those who would seek to use illicit finance to fund terrorist activity. It is a priority for the Government. We are grateful for the support and work that he does and for the work that Baroness Hodge does, and we will continue it at pace.