Question to the Home Office:

To ask the Secretary of State for the Home Department, whether her Department is taking steps to help protect UK (a) businesses and (b) investors from fraud where people found liable by UK courts are resident in jurisdictions like Dubai that do not consistently enforce UK judgments.

The Home Office published its new Fraud Strategy on 9 March. This enhanced plan focuses on disrupting fraud before it reaches a target, safeguarding individuals and businesses by building resilience and responding with victim support and justice. Backed by £250million of investment, the Government has made it clear it will work with partners at home and abroad to clamp down on the fraud epidemic.

The strategy sets out how we will safeguard UK citizens and businesses. Working with the Federation of Small Businesses, the City of London Police, NCSC and the NCA, the Government has developed and published a checklist for businesses to protect themselves against fraud, which can be found on the Stop! Think Fraud website. This is in addition to personal and consumer advice for individuals, also provided on the website.

International collaboration is also a critical part of our response, and we are committed to strengthening the global response on fraud. The UK sponsored a UNODC-INTERPOL Global Fraud Summit which took place on 16-17 March. This Summit brought together over 1,400 delegates, including 115 countries, 400 senior business leaders and 40 ministers. The Summit strengthened global standards on fraud and agreed a framework between governments and industry to facilitate greater international action to protect UK citizens and businesses.