G20 Summit Debate

Full Debate: Read Full Debate
Department: Cabinet Office
Monday 3rd December 2018

(5 years, 11 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Baroness May of Maidenhead Portrait The Prime Minister
- Hansard - - - Excerpts

Of course, the incoming President who made those remarks was not there at the G20 summit; as my hon. Friend said, it was the current President, Mr Temer, who was there. We will continue to be clear with all countries around the world about the importance that we attach to equal rights and human rights.

Rupa Huq Portrait Dr Rupa Huq (Ealing Central and Acton) (Lab)
- Hansard - -

May I congratulate the Prime Minister on all the air miles she has clocked up recently on our behalf? I urge her Government not to forget their promises on anticorruption. The G20 declaration commits leaders to tackling

“vulnerabilities in the financial system”.

What with the National Crime Agency—which the Prime Minister had a hand in setting up, as she reminded us—estimating that hundreds of billions of pounds are currently being laundered through the UK, will she give us a date for when the commitment to consult on the creation of a criminal offence for corporations of failure to prevent money laundering will materialise, so that we can practise what we preach?

Baroness May of Maidenhead Portrait The Prime Minister
- Hansard - - - Excerpts

I thank the hon. Lady for her remarks. I did set up the National Crime Agency and it is doing important work in this area. The new economic crime centre has been set up, and that is an important step in dealing with these issues. We continue to look at the powers that are necessary to deal with money laundering, but we have already introduced new powers that enable us to take action against those involved in these matters.