Corporate Transparency and Economic Crime Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Wera Hobhouse
Main Page: Wera Hobhouse (Liberal Democrat - Bath)Department Debates - View all Wera Hobhouse's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Kwasi Kwarteng
We are making very good progress on all those cases, but I bring to the hon. Lady’s attention the fact that the reform of Companies House that we are mooting is the first time in 200 years that it has been reformed in this way. I also highlight that we have led the way in the debate on SWIFT and on transparency in the international arena. Ministers from around the world are engaging with us directly on the effective measures we are bringing about.
Wera Hobhouse (Bath) (LD)
Can the Secretary of State confirm that any new legislation will make the beneficial ownership of all assets in the UK openly available for view and scrutiny, in a similar way to the Land Registry?
Kwasi Kwarteng
As I have said, we are bringing in a Bill and there will be plenty of scope to examine it and make amendments. I look forward to the hon. Lady’s engagement on that.