Nicholas Dakin
Main Page: Nicholas Dakin (Labour - Scunthorpe)Department Debates - View all Nicholas Dakin's debates with the HM Treasury
(7 years ago)
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Mel Stride
The Government are leading the way in exactly that endeavour. As I said earlier, a very important point to note is that we have a multilateral approach to this issue, and we are working hard at delivering on it.
Nic Dakin (Scunthorpe) (Lab)
Most people have not heard of dollar-denominated trading, but they look at this matter and see one rule for the rich and powerful and another for the weak and vulnerable. Surely the way to lance this boil is to provide full transparency, which means making information publicly available rather than people having to ask about British overseas territories.
Mel Stride
I have explained about the transparency that we need. We need to ensure that HMRC obtains the information that it requires to satisfy itself that the dealings in those territories are being carried out appropriately, and that is exactly the position that we are working towards at present.