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Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"It is a pleasure to serve under your chairship, Mr Robertson. I pay tribute to my right hon. Friend the Member for Barking. The passion and eloquence with which she spoke was exemplary in terms of reminding us about what is at the heart of the Bill and one of …..."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"I am happy to support new clause 75, tabled by my right hon. Friend the Member for Barking, which would require the Secretary of State by regulation to establish a body to be known as the economic crime committee of Parliament.

The new clause is driven by and based on …..."

Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"I will be brief because my right hon. Friend the Member for Barking has, again, made the case so eloquently. We support new clause 76. The basic fact is that by their very nature, money laundering and economic crime are very often linked to serious organised crime gangs and hostile …..."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"We fully welcome the new clause, which we think is very important to ensure that all perpetrators of economic crime are caught and dealt with...."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"We welcome these new clauses, which would give effect to the Government’s stated intention to unlock the proceeds of crime held in bank accounts to fund law enforcement efforts to tackle economic crime. Their adoption would also optimise the potential of the defence against money laundering regime and streamline the …..."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"I beg to move, That the clause be read a Second time.

As this is the last time I will be on my feet, I thank the Committee; it has been an excellent set of debates, and I look forward to further constructive engagement with the Government on these matters.

…..."

Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"Has the Minister any thoughts on the international forums that have been set up—for example, the Russian Elites, Proxies, and Oligarchs Taskforce and the European Commission’s Freeze and Seize Taskforce. What contribution are the UK Government planning to make to those processes?..."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Tue 29 Nov 2022
Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

"I have no further comments, and I beg to ask leave to withdraw the motion.

Clause, by leave, withdrawn.

New Schedule 1

Cryptoassets: terrorism

Part 1

Amendments to the Anti-terrorism, Crime and Security Act 2001

1 Schedule 1 to the Anti-terrorism, Crime and Security Act 2001 (forfeiture of terrorist …..."

Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Nineteenth sitting)

Speech in Public Bill Committees - Thu 24 Nov 2022
Economic Crime and Corporate Transparency Bill (Seventeenth sitting)

"It is a pleasure to serve under your chairship, Sir Christopher. New clause 24, tabled by SNP Members, would add to the transparency of the companies register and enhance the ability of law enforcement to identify suspect registrations. It would do so by requiring the subscribers or initial shareholders of …..."
Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Seventeenth sitting)

Speech in Public Bill Committees - Thu 24 Nov 2022
Economic Crime and Corporate Transparency Bill (Seventeenth sitting)

"I beg to move, That the clause be read a Second time.

New clause 49 sought to ensure that the provisions of the Small Business, Enterprise and Employment Act 2015, which require company directors to be natural persons, would be brought into force. The Opposition welcomed the Minister’s commitment to …..."

Stephen Kinnock - View Speech

View all Stephen Kinnock (Lab - Aberafan Maesteg) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Seventeenth sitting)