Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, with reference to his Department's news story of 10 April 2016, UK launches cross-government taskforce on the Panama Papers, (a) how many leads the multi-agency taskforce is currently investigating and (b) how many of those leads have a direct link to the leaked documents relating to the operations of Mossack Fonseca.

The UK multi-agency taskforce has begun analytical work on all the data published by the International Consortium of Investigative Journalists (ICIJ), in addition to a wide range of other intelligence which includes more than 700 HM Revenue and Customs leads with a connection to Panama. As part of this work, the task force is currently analysing and reviewing the names and addresses published by the ICIJ with alleged links to the UK and Mossack Fonseca.

While the sensitivity of the work means that it will not be possible to give a running commentary on any investigations, or number of investigations, Parliament will be kept updated on any significant developments.