Sir Geoffrey Clifton-Brown contributions to the Sanctions and Anti-Money Laundering Act 2018

Tue 1st May 2018 Sanctions and Anti-Money Laundering Bill [Lords] (Commons Chamber)
3rd reading: House of Commons
Report stage: House of Commons
3 interactions (74 words)

Sanctions and Anti-Money Laundering Bill [Lords]

(3rd reading: House of Commons)
(Report stage: House of Commons)
Sir Geoffrey Clifton-Brown Excerpts
Tuesday 1st May 2018

(2 years, 4 months ago)

Commons Chamber
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HM Treasury
Sir Alan Duncan Hansard
1 May 2018, 1:40 p.m.

I hope that I will be able to continue to address the House with similar such effect this afternoon.

Sir Geoffrey Clifton-Brown Portrait Sir Geoffrey Clifton-Brown (The Cotswolds) (Con) - Hansard
1 May 2018, 1:40 p.m.

I doubt that there is anyone in this House who does not want the overseas territories and Crown dependencies to have open, public registers of company interests. If new clause 6, tabled by my right hon. Friend the Member for Sutton Coldfield (Andrew Mitchell) does not pass, how will the House be able to have confidence that the Executive will make sufficient progress as though we had compelled them to issue Orders in Council?

Sir Alan Duncan Hansard
1 May 2018, 1:40 p.m.

I will be saying more about the overseas territories in a moment. I fully recognise the interest that my hon. Friend has shown, over many years, in the importance of protecting the interests of the overseas territories, particularly in the Caribbean. I will be able to give him deeper reassurance on this in a moment, but if I may, I will continue with my points in the order that I was planning to make them, by addressing the Magnitsky issue first, then Scottish limited partnerships, before turning to that rather more vexed issue.

Looking at the Scottish National party Benches, I turn to the separate amendments on Magnitsky tabled by the hon. Member for Glasgow Central (Alison Thewliss). While we agree with the driving principles behind the amendments, we are satisfied that the package of amendments that we have tabled—which have been signed by Members on both Front Benches—sufficiently cover the same objectives. I hope that the hon. Lady will feel that they do. As she knows from our discussions in Committee, we have approached this entire issue in a spirit of cross-party co-operation. Indeed, she has played an important part in that in her campaigning.