Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans his Department has to tackle the abuse of Scottish Limited Partnerships by organised crime organisations.

The Government outlined its proposals for limited partnership reform in December 2018 in response to a consultation (link here). The reforms will modernise Limited Partnership law, helping to tackle illicit activity and the abuse of Scottish Limited Partnerships. The proposals include tightening registration requirements, requiring limited partnerships to demonstrate a firmer connection to the United Kingdom, increasing transparency requirements, and enabling the Registrar to strike from the register limited partnerships which are dissolved, or which are no longer carrying on business. The Government will be reforming the relevant legislation through the forthcoming Economic Crime and Transparency Bill.