Money Laundering

Lord Campbell-Savours Excerpts

Monday 19th March 2018 Lords Chamber

[Baroness Williams of Trafford]

We made it clear during the passage of the Criminal Finances Act that we would certainly not intervene with legislation but would work with the overseas territories and the Crown dependencies to have a register of beneficial ownership with mutual and sometimes almost live-time access for law enforcement purposes.

[Lord Campbell-Savours (Lab)]

My Lords, have the Government fully thought through how the Russians might reciprocate if we take action against any of their citizens in the United Kingdom?

[Baroness Williams of Trafford]

My Lords, I am sure that they have.