Companies: Overseas Territories Registration

Debate between Lord Rooker and Baroness Stowell of Beeston

Wednesday 20th April 2016 Lords Chamber

[Lord Naseby (Con)]

My Lords—

[The Lord Privy Seal (Baroness Stowell of Beeston) (Con)]

My Lords, I am going to sit down and I suggest that somebody gives way.

[Lord Rooker]

I am grateful. The Prime Minister deserves substantial credit for the actions taken so far, but why are only UK law enforcement authorities involved in this? What is the problem with our partners? Some weeks ago I went on the first kleptocracy tour in London to view the properties bought with laundered stolen money through our overseas territories. Our partners in the EU have as much of an interest in finding out who the beneficial owners are as we have, so why is access to this information restricted to UK law enforcement authorities? Gibraltar and Montserrat are opening up their registers to the rest of the EU, so why can we not go a bit further than that? Even if we cannot allow journalists and other interested bodies access to this information, surely the law enforcement authorities of other, friendly partner countries should have access to those registers.

G20 and the Paris Attacks

Debate between Lord Rooker and Baroness Stowell of Beeston

Tuesday 17th November 2015 Lords Chamber

[Baroness Stowell of Beeston]

The noble Lord is right that language is very important, at any time, and certainly so at a time of great sensitivity. As to the Prime Minister’s use of language and what we are fighting for, he has been clear, on very many occasions, about the importance of protecting the way of life which all of us in the West enjoy and which many in other parts of the globe look to and want for themselves.

[Lord Rooker (Lab)]

In the main, I would oppose fast-tracking the Investigatory Powers Bill. Much of it concerns modernising the authorisations. It is right that we do that: nobody is arguing that the present system will prevent what needs to be done. However, I served on the RUSI panel, which gave evidence about this sort of thing, and if, as the noble Lord, Lord King, said, there is a need to take out a couple of clauses then I would support that. The international internet companies need reminding: not one of them would ever have been able to start their businesses in China, Russia or any of the other oppressive states in the world. They relied on doing it in western, liberal democracies. If the extra powers are needed just to retain some information to assist the security services in protecting our people, then it would be legitimate to fast-track them. Their opposition to it would be damaging to their own customers.

[Baroness Stowell of Beeston]

I am grateful to the noble Lord. I hope I have made it clear, in responding to several questions on this, that if there is any need for us to reconsider that Bill, we will. However, at the moment I am confident in the approach we are taking.