Economic Crime: Planned Government Bill

Lord Stevenson of Balmacara Excerpts
Monday 31st January 2022

(2 years, 9 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I cannot give the noble Lord a commitment about when a Bill might arrive. I also cannot give a commitment about what might be in it when it does arrive.

Lord Stevenson of Balmacara Portrait Lord Stevenson of Balmacara (Lab)
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One of the key recommendations of the recent Joint Committee on the Online Safety Bill was that scams and economic crimes on the internet should be in scope of the revised Bill when it comes forward. We obviously await the Government’s response to that, but does this not give the Government an opportunity of a double win? Either Bill would do, but the issue has to be addressed.

Lord Callanan Portrait Lord Callanan (Con)
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There are indeed a number of positive elements to legislating on this issue. One of them is the issue highlighted by the noble Lord. However, we are again dealing with hypotheticals: something that may happen in good time. As I keep saying, we are committed to pursuing this legislation, but I am afraid I am going to sound a bit like a broken record when I say I cannot give a commitment at this stage to noble Lords on when we might be able to do it.