Philip Davies
Main Page: Philip Davies (Conservative - Shipley)(9 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text
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Matthew Hancock
I think the hon. Gentleman and members of his office would benefit from reading my book, because it is all about why the worst financial crash in the history of the world happened on Labour’s watch. Labour Members have a few lessons to learn.
The hon. Gentleman rather unhelpfully missed the tone of this discussion, but I will deal with the more constructive elements of his questions. The issue of resources is very important. First, it is about the effectiveness of the deployment of resources. Bringing together actors from different agencies will help to deliver a more effective response from any level of resources. Some of the funding currently comes from the DFID budget. We are exploring how international development funding can further support anti-corruption work at home and abroad. That is part of the plan, and announcements will be made on it in the coming months.
I am glad to report that the ministerial group has met. I chair it, alongside the Under-Secretary of State for the Home Department, my hon. Friend the Member for Staffordshire Moorlands, and it includes representatives from across Government and different agencies. We are accountable to Parliament, and I am indeed reporting back now. Discussions with the overseas territories are under way, as I said to my hon. Friend the Member for North East Cambridgeshire (Stephen Barclay).
I welcome the cross-party support for an anti-corruption plan. The substance of the hon. Gentleman’s questions was relevant. I look forward to working with him, with the APPG and with others to strengthen the plan further, because we are a better and stronger United Kingdom if we work together to enact it.
Philip Davies (Shipley) (Con)
Clearly, we all want to do everything we can to tackle corruption effectively, but I worry that the rules become so onerous that they catch an awful lot of legitimate small businesses and traders. Can the Minister assure me that the right balance will be struck so that rules will not be so onerous and officious that it is very difficult for law-abiding people to comply with them?
Matthew Hancock
My hon. Friend makes an important point that was also made by the Opposition spokesman. We need to ensure that the money-laundering regulations, in particular, do their job of tackling money laundering without putting undue burdens on ordinary people and on other businesses. There is a vital balance to be struck. Many changes can be made in order to reduce burdens while ensuring that the rules are just as tight, if not tighter, on the perpetrators of corruption whom we really want to capture.