(1 week ago)
Commons ChamberThis is about making it easier for farmers and other food processors in the food chain to export to our biggest export market. I can reassure the hon. Gentleman—I know he is an assiduous member of the Environment, Food and Rural Affairs Committee—that we are in touch with the National Farmers Union and others about the negotiations. They are ongoing. I cannot provide a running commentary on them, but as was set out in the common understanding between the UK and the EU, there will be a number of exceptions, and we want to see a smooth transition to the new system.
The negotiations are critical to UK fisheries. What plans does the Secretary of State have to keep this House and the fishing sector updated? Perhaps she or one of her colleagues would attend the all-party parliamentary group on fisheries, to ensure that we are up to date on all developments.
We are keeping in touch with all sectors that are affected by the agrifood deal, but I recognise my hon. Friend’s work, particularly with the fishing industry. The Minister for Food Security and Rural Affairs would be very happy to attend a meeting of her APPG, and to talk to it.
(1 year, 2 months ago)
Commons ChamberIt is right that we take a robust approach to money laundering, and we have a tailored approach to cash deposit limits to reflect the differences in needs and risk profiles across businesses’ customer bases. I am committed to working with the Financial Conduct Authority and others to ensure we strike the right balance—one that allows businesses to continue their operations but also ensures that we assess the risk posed by those who might be using their businesses to launder money.
What additional support can the Government offer to Customs and Excise, local authorities and police forces in gathering supporting evidence that can then be provided to His Majesty’s Revenue and Customs? High street money launderers are brazen fronts for significant criminal enterprises.
We take this issue very seriously. The Treasury owns the money laundering regulations, but the FCA has a key role as a major supervisor, and we work very closely with the criminal enforcement agencies. Of course, those agencies are independent, but we are absolutely committed to clamping down on money laundering.