(8 years, 2 months ago)
Lords ChamberMy Lords, perhaps I may press the Government a little on the extent of this register for arms brokers. My noble friend Lady Jolly has spoken about how, in the past, companies in the overseas territories and Crown dependencies have been used for quite extensive arms brokering to foreign companies. Many of us will remember a number of instances of that. I and others will also be aware of the extent to which our Government provide support to companies based in the overseas territories and Crown dependencies in their exporting activity but do not register and regulate them entirely. That is a possible loophole, which the noble Lord, Lord Stevenson, might even describe as a lacuna. It is important that we should be clear quite how far registration and regulation extends. Questions of transparency and proper regulation are always left ambiguous when offshore companies operating in our overseas territories and Crown dependencies are engaged, and historically they have been very active, in the arms brokering trade. I would like further clarification on that.
My Lords, I know that I do not hear very well, but I did not hear the noble Baroness, Lady Jolly, answer the points I made on the first amendment, although I heard her say on that one that she would respond to them when taking Amendment 3. I gather that we are now on that amendment and I look forward to hearing from her.