Question to the HM Treasury:
To ask Her Majesty's Government what assessment they have made of whether the publication of the names of borrowers under various financial support arrangements established by the Government would facilitate the identification of funding provided to businesses controlled by unidentifiable owners in tax havens or controlled by directors previously convicted of fraud.
It would be disproportionate for the Government to publish details of each individual recipient of those loans and grant payments.
Furthermore, the Government have been clear that the loans must be repaid, and banks are undertaking appropriate precautions against fraud, including customer checks and the monitoring of transactions. Any fraudulent applications can be criminally prosecuted.