Draft Proceeds of Crime (Money Laundering) (Threshold Amount) (Amendment) Order 2025

Debate between Dan Jarvis and Barry Gardiner

Tuesday 17th June 2025 General Committees

[Dan Jarvis]

I thank the shadow Minister, the hon. Member for Weald of Kent, for the constructive way that she has approached the draft order. These are not contentious or party political matters, and it is right that we debate them in that spirit. I am grateful for her support for the measures and I completely agree with her about the importance of ensuring that we target them, and our resource, as effectively as possible.

The shadow Minister asked, entirely reasonably, about monitoring and review. As she might remember from her own time working at the Home Office, there are processes in place to ensure that these activities are kept under very close watch. I can assure her that, following on from the work done by the previous Government, we will continue to keep these matters under very close review.

Given that I have referenced the previous Government, I want to take the opportunity to commend the right hon. Member for Salisbury for the work that he did and the leadership that he showed in this policy area during his time in government. In particular, I thank him for his work to introduce the economic crime levy. I am sure that he knows this, but it is worth repeating that the levy raises around £100 million per year from the anti-money laundering sector, and it has provided extremely valuable and long-term, sustainable resource for funding measures to tackle money laundering. I am grateful to him for the work that he did in government.

I reiterate in response to the shadow Minister that we will monitor these matters on a regular basis. She will understand why I will not say too much about the technical detail of the work that is done to spot suspicious activity that falls beneath the threshold, but I am sure that she will remember from her time in the Home Office that there are mechanisms in place that seek to prevent people from bending or breaking the rules by behaving in a certain way in relation to transactions below the threshold. I think that she knows what I am referring to.

My hon. Friend the Member for Brent West raised an important point, but I am struggling to remember precisely what it was. Perhaps he will briefly remind me.

[Barry Gardiner]

Of course. I think we all agree that we should have thresholds that are proportionate and do not involve undue bureaucracy while ensuring that money is not badly spent or, indeed, that money that is spent is recovered where it should not have been spent in the first place. Given that we have proportionality in this area, I wondered whether the Minister could enlighten us whether we are looking to do the same in other areas, such as benefit overpayments.

[Dan Jarvis]

I am grateful to my hon. Friend for his question. As a very experienced Member, he will understand that the Home Office is responsible for the Proceeds of Crime Act, and although of course we have conversations with other Departments about other matters, the matter that he mentions is not one that sits within my area of responsibility. No doubt colleagues in the Department that I think he is referring to will listen carefully to his remarks; I am sure that they will be as grateful for them as I am.

I am grateful for all the contributions to the debate. SARs intelligence is a critical tool in our ability to identify, disrupt and recover the money that underpins the most serious and organised crime in the UK. Increasing the threshold to reflect the current landscape is an important step as we seek to improve the effectiveness of the anti-money laundering system, prioritise resources, enable greater disruption of criminal activity and prevent criminals from enjoying the proceeds of their illicit activities. Once again, therefore, I commend the draft order to the Committee.

Question put and agreed to.

Counter Terrorism Policing: Arrests

Debate between Dan Jarvis and Barry Gardiner

Tuesday 6th May 2025 Commons Chamber

[Dan Jarvis]

I thank the shadow Minister for the sensible, reasonable and constructive tone of his response. He is absolutely right to draw the House’s attention to the tragic death of Lee Rigby, the tragic bombing in Manchester and, of course, the 20th anniversary of the 7/7 bombings that we will be commemorating in a couple of months’ time.

Let me join the shadow Minister in paying tribute to all those who work tirelessly to keep our country safe. It is one of the greatest privileges of this particular role that we have the opportunity to serve in government, as Conservative Members will also have done, and to work closely alongside those incredibly committed members of the police and the intelligence services; we owe them a debt of gratitude.

I am also grateful for the opportunity that the shadow Minister has afforded me to offer our thanks for the work that was done by the previous Government, both in introducing the National Security Act 2023, which has proved to be an incredibly valuable tool, and in creating CTOC, which is delivering very significant operational value. I can absolutely give an assurance that this Government, like the previous one, will continue to invest in that institution.

The shadow Minister made an important point about transparency, and I can give him the reassurances that he seeks. He and the House will understand that we are just a couple of days on from those arrests that took place on Saturday. The Home Secretary will provide a further update as soon as we are operationally able to do so. I give the shadow Minister a commitment that we will be as transparent as possible while of course ensuring that we do not cut across live counter-terrorism operations.

The shadow Minister mentioned proscription, and I understand why. I know that he will acknowledge—or at least I hope that he will—that on 4 March I announced a very strong suite of measures designed to most effectively address the nature of the threat that we face from Iran. Contained within those measures was a request from the Home Secretary for Jonathan Hall, who I know is held in very high regard because of the experience and credibility that he has in this area, to look very carefully at the legislative framework that might enable us to more effectively proscribe state-based entities. I can confirm that Mr Hall has completed his report and that the Home Secretary and I are considering it very carefully. It will be published shortly. I assure the shadow Minister that we will not hesitate to act if there is a requirement to bring forward further measures.

[Barry Gardiner (Brent West) (Lab)]

The Minister will be aware that a number of Iranian citizens in this country still have relatives in Iran, and it is not beyond the wit of the Iranian Government to use that pressure on them. In requiring the citizens of Iran in this country to report to our Government if they are in any way connected to the Iranian Government, has he taken measures to protect them from exposing their family to the pressure that the Iranian Government may put on them?

[Dan Jarvis]

My hon. Friend raises a very important point, and I can give him the assurances he seeks. The Government have been very carefully considering the matter of transnational repression. The Home Secretary and I will have more to say in the near future, but I can give him absolute assurance that we have been thinking carefully about these matters and take them incredibly seriously.