Corporate Transparency and Economic Crime Debate
Full Debate: Read Full DebateLayla Moran
Main Page: Layla Moran (Liberal Democrat - Oxford West and Abingdon)Department Debates - View all Layla Moran's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 5 months ago)
Commons ChamberAbsolutely. That is the point of this raft of measures. We want to shine the light of transparency on these transactions and to minimise the likelihood of people using our property and our goodwill to hide their ill-gotten gains.
As the MP whose name is on the Registration of Overseas Entities Bill, which is already tabled, may I express my delight that the Government are taking this up and more? Could I draw the Secretary of State’s eye to the amendment to the National Insurance Contributions Bill that was passed in the other place on the ownership of freeports? There is real concern that we may be dealing with one part but leaving a door open somewhere else. Will he assure us either that he will accept the amendment or that the matter will be covered in the Bill?
I am delighted to accept the hon. Lady’s warm words on the Bill. I am delighted that she is supporting it enthusiastically, and I am happy to engage with her on the passage of the Bill and to examine the amendment she has referred to.