I thank the right hon. Gentleman for giving way. It is a great pity that the Minister would not give way on this point earlier.
Does the right hon. Gentleman agree that crime barons in Northern Ireland who are reaping hundreds of millions of pounds a year will now be able to invest those proceeds across the border in the Irish Republic with impunity and without any danger of those assets being seized? I know that that is a matter for the Northern Ireland Assembly, but it will create a serious hole in the pursuit of such criminals and will cause great difficulty in recovering assets from them.