Question to the Home Office:

To ask the Secretary of State for the Home Department, if he will outline any (a) new and (b) existing initiatives from her Department on reducing the risk of corruption in offshore payments and holdings such as those revealed by the Panama papers.

The Home Office is supporting cross-Government efforts to reduce the risk of corruption related to financial flows through offshore centres. Through implementation of our Anti-Corruption Strategy, Economic Crime Plan, and other linked approaches, the UK leads global efforts to ensure offshore financial centres comply with international financial standards and bear down on illicit finance. The Government publicly reports progress on these strategies annually; these reports will set out new and existing initiatives.