Financial Services: Crime
(asked on 30th November 2021) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what steps they will take, if any, in response to the publication of the Pandora Papers to tackle (1) tax avoidance, (2) money laundering, and (3) other financial crimes.
This question was answered on 14th December 2021
This government is committed to making the UK a hostile place for illicit finance and economic crime. We are determined to crack down on dirty money and financial exploitation, to protect our security and prosperity. We have taken action through our ‘No Safe Havens’ strategy to ensure the correct UK tax is paid; and our landmark 2019 Economic Crime Plan outlines a comprehensive response to ensure the UK cannot be abused for economic crime.
This government is committed to making the UK a hostile place for illicit finance and economic crime. We are determined to crack down on dirty money and financial exploitation, to protect our security and prosperity. We have taken action through our ‘No Safe Havens’ strategy to ensure the correct UK tax is paid; and our landmark 2019 Economic Crime Plan outlines a comprehensive response to ensure the UK cannot be abused for economic crime.