Treasury

John Glen Excerpts

Thursday 17th January 2019 Ministerial Corrections

The following are extracts from the debate on the Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2018 on 8 January 2018.

[John Glen]

There has been an 80% reduction in Scottish limited partnerships.

[Official Report, Second Delegated Legislation Committee, 8 January 2019; c. 10.]

[John Glen]

Work is being done across the Treasury, the Home Office and the MOJ to look at how we can refine that.

[Official Report, Second Delegated Legislation Committee, 8 January 2019; c. 11.]

Letter of correction from The Economic Secretary to the Treasury:

Errors have been identified in my contribution to the debate on the Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2018.

The correct statements should have been:

[John Glen]

There has been an 80% reduction in new registrations of Scottish limited partnerships.

[John Glen]

Work is being done across the Treasury, the Home Office, the NCA and law enforcement agencies to look at how we can refine that.