UK Parliament / Open data

Sanctions

Proceeding contribution from Elizabeth Truss (Conservative) in the House of Commons on Monday, 28 February 2022. It occurred during Ministerial statement on Sanctions.

This really pertains to a number of questions that have been asked. What we are doing in building up our evidence cases about the oligarchs is sharing information with our G7 allies, so we are working together and getting that information quicker. That work is already under way. That taskforce already exists. Of course, alongside the legal services, the public relations services and the accountancy services, we will look at the insurance services that these oligarchs rely on. This is all about being able to do this quicker, because every single country has the same issue. The US takes time to build up cases against oligarchs because generally their organisations are so complex and opaque. The work that my right hon. Friend the Secretary of State for Business, Energy and Industrial Strategy is doing on the Economic Crime Bill will also help to make it easier for us to understand their corporate structures.

Type
Proceeding contribution
Reference
709 c733 
Session
2021-22
Chamber / Committee
House of Commons chamber
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