Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what recent discussions he has had with Cabinet colleagues on the anti-money laundering supervisory regime.

The government is committed to ensuring the UK’s financial system is a hostile environment for illicit finance, and as part of this we are reforming the anti-money laundering supervisory regime to address the issues identified in the 2015 National Risk Assessment of Money Laundering and Terrorist Financing.

I am in regular conversations with colleagues in other Departments as these reforms are developed and implemented.