UK Parliament / Open data

Economic Crime and Corporate Transparency Bill

Debate on bills on Tuesday, 24 January 2023, in the House of Commons, led by Kevin Hollinrake.
Programme (No. 2) motion ordered. Report stage (day one). New clause 8, considered with amendments, new clauses and Government new clauses and amendments, and agreed to. New clauses 9-13 and 15 agreed to. New clause 22 negatived on division (232 to 296). New clause 34 negatived on division (234 to 291). New clause 36 negatived on division (233 to 290). Clauses 5, 20 39, 41, 42, 62, 64, 69, 91, 98, 102, 103, 108, 117, 120, 127, 129, 130, 132, 133, 135, 136, 141, 143, 147 and Schedule 2, amendments made.
Type
Parliamentary proceeding
Reference
726 cc901-981 
Session
2022-23
Legislative stage
Report stage
Chamber / Committee
House of Commons chamber
Economic crime. Treasury Committee eleventh report.
Wednesday, 26 January 2022
Parliamentary committees
House of Commons
Economic crime: responses to the Committee's eleventh report of session 2021-22. Treasury Committee eighth special report.
Monday, 25 April 2022
Parliamentary committees
House of Commons
Fraudulent company registrations: Economic Crime and Corporate Transparency Bill.
Tuesday, 8 November 2022
Parliamentary committees
House of Commons
Economic Crime and Corporate Transparency Bill 2022-23. As amended in Committee.
Tuesday, 29 November 2022
Bills
House of Commons

Show all related items (5)
Proceeding contributions
Kevin Hollinrake | 726 c902 (Link to this contribution)

I beg to move, That the clause be read a Second time.

Baroness Winterton of Doncaster | 726 cc902-9 (Link to this contribution)

With this it will be convenient to discuss the following:

Government new clause 9—Disqualif...


Show all contributions (117)
Kevin Hollinrake | 726 c909 (Link to this contribution)

It is a pleasure to speak to the Government’s amendments to the Economic Crime and Corporate Tran...

Catherine West | 726 c909 (Link to this contribution)

I want to say at the beginning of proceedings how fantastic it is to have a Minister who deeply c...

Kevin Hollinrake | 726 cc909-910 (Link to this contribution)

The hon. Lady gives me a significant reputation to live up to. She is right, however, that some o...

Layla Moran | 726 c910 (Link to this contribution)

May I echo the voices of those saying how delightful it is to see the Minister at the Dispatch Bo...

Kevin Hollinrake | 726 c910 (Link to this contribution)

I think it would be wrong to make any representations on any particular case, but seeking to enab...

Kevin Hollinrake | 726 c910 (Link to this contribution)

I will make a little progress, if I may. I appreciate that there are a large number of Government...

Kevin Hollinrake | 726 c910 (Link to this contribution)

I will give way to the right hon. Member on that point, because her many speeches in Parliament h...

Baroness Hodge of Barking | 726 c910 (Link to this contribution)

I am very grateful that the Government have listened to our representations on accountability. I ...

Kevin Hollinrake | 726 c911 (Link to this contribution)

Again, we discussed this at length in Committee. The right hon. Member’s perspective is that we s...

Baroness Hodge of Barking | 726 c911 (Link to this contribution)

I am extremely grateful to the Minister for giving way again. This is not telling Companies House...

Kevin Hollinrake | 726 c911 (Link to this contribution)

I am happy to respond to the right hon. Member’s new clause later when we have debated it. I have...

Liam Byrne | 726 c911 (Link to this contribution)

Let me echo the wide welcome that the Minister has received at the Dispatch Box. Has he had a cha...

Kevin Hollinrake | 726 cc911-2 (Link to this contribution)

Again, I think it would be wrong to comment on individual cases, but I take the right hon. Member...

Peter Dowd | 726 c912 (Link to this contribution)

I understand that every year there are about 1,200 disqualifications of unfit directors. Does the...

Kevin Hollinrake | 726 c912 (Link to this contribution)

I did not quite hear the hon. Member’s whole point. Is it about the quality and quantity of infor...

Peter Dowd | 726 c912 (Link to this contribution)

No. There are about 1,200 disqualifications a year. How many more does the Minister believe may a...

Kevin Hollinrake | 726 c912 (Link to this contribution)

We do not have the data to be able to say. It obviously depends on numerous factors. As I say, we...

Liz Saville Roberts | 726 c913 (Link to this contribution)

I join others in welcoming the Minister to his place.

Two of my constituents have lost thei...

Kevin Hollinrake | 726 c913 (Link to this contribution)

It sounds like a matter for the Financial Conduct Authority, which does not directly relate to my...

Mary Robinson | 726 c913 (Link to this contribution)

I congratulate my hon. Friend on bringing this Bill forward and welcome him to his place. He know...

Kevin Hollinrake | 726 c913 (Link to this contribution)

That may not be part of this Bill, but it is part of my portfolio, I am pleased to say. My hon. F...

Seema Malhotra | 726 cc913-4 (Link to this contribution)

It is a pleasure to follow the Minister and to speak to our amendments.

The Labour party ha...

Margaret Ferrier | 726 c914 (Link to this contribution)

Is the hon. Lady aware that many stakeholders strongly feel that the Bill’s powers require furthe...

Seema Malhotra | 726 cc914-5 (Link to this contribution)

I thank the hon. Lady for her comments. She is alluding to a theme that goes through the Bill: we...

Catherine West | 726 c915 (Link to this contribution)

My hon. Friend is making an excellent speech and pushing for even better legislation. Does she ag...

Seema Malhotra | 726 c915 (Link to this contribution)

My hon. Friend is absolutely right. The amendment would do two things. It would change the cultur...

Seema Malhotra | 726 c915 (Link to this contribution)

Before returning to our new clause 16, I will briefly take an intervention from my right hon. Fri...

Liam Byrne | 726 c915 (Link to this contribution)

My hon. Friend is making a brilliant speech. Does she agree that it is vital that we have a much ...

Seema Malhotra | 726 c915 (Link to this contribution)

My right hon. Friend is right about keeping our legislation up to date. He says that with great a...

Baroness Hodge of Barking | 726 c915 (Link to this contribution)

My hon. Friend is making an excellent contribution to the debate. The point is that the Governmen...

Seema Malhotra | 726 c916 (Link to this contribution)

My right hon. Friend is absolutely right. We should be ambitious for the registrar and for Compan...

Jonathan Djanogly | 726 c916 (Link to this contribution)

Is not the point that if someone is convicted of a criminal offence, the court automatically has ...

Seema Malhotra | 726 cc916-8 (Link to this contribution)

I thank the hon. Member for his intervention. Perhaps he is missing some of our argument around t...

Seema Malhotra | 726 c918 (Link to this contribution)

It is a risk—the Minister is shaking his head, so I am going to repeat it—for a backdoor route to...

Seema Malhotra | 726 c918 (Link to this contribution)

I will just complete my point and then bring the Minister in if he wishes to intervene. I would b...

Kevin Hollinrake | 726 c918 (Link to this contribution)

I am grateful to the hon. Lady for giving way. It is not a backdoor to try to get around the legi...

Seema Malhotra | 726 c919 (Link to this contribution)

I am grateful to the Minister for his intervention, and for setting out the context and the Gover...

Baroness Hodge of Barking | 726 c919 (Link to this contribution)

Does my hon. Friend agree there can be absolutely no objection to that approach? In the Minister’...

Seema Malhotra | 726 c919 (Link to this contribution)

The Minister has heard what my right hon. Friend says. If that is what Parliament wishes and inte...

Catherine West | 726 c920 (Link to this contribution)

Does my hon. Friend believe that this afternoon’s debate has covered the important area of phoeni...

Seema Malhotra | 726 c920 (Link to this contribution)

That is part of what we seek, but there is further to go. I know that amendments tabled by other ...

Seema Malhotra | 726 cc920-1 (Link to this contribution)

I thank the Minister for his confirmation. The legislation is not as tight as we would like it to...

Baroness Hodge of Barking | 726 c921 (Link to this contribution)

My hon. Friend is raising a really important point, which has been put into some question by a ju...

Seema Malhotra | 726 cc921-2 (Link to this contribution)

I thank my right hon. Friend for her intervention and for the discussions that we had on this mat...

Harriett Baldwin | 726 c922 (Link to this contribution)

I rise to speak to new clause 20 and the amendments tabled in the name of my right hon. Friend th...

Kevin Hollinrake | 726 cc922-3 (Link to this contribution)

My hon. Friend is making some valid points, as I would expect from the Chair of the Treasury Comm...

Harriett Baldwin | 726 c923 (Link to this contribution)

I think I heard the Minister acknowledge that Companies House needs more resources, and that thos...

Baroness Hodge of Barking | 726 c923 (Link to this contribution)

At this point in the cycle, I cannot believe there is not a resource budget. Even within the cons...

Harriett Baldwin | 726 cc923-4 (Link to this contribution)

The right hon. Lady makes some excellent points. Once the Minister does this work, it may well tu...

Jonathan Djanogly | 726 c924 (Link to this contribution)

Is the point not also that if we raise the fees, rather than their falling to the general taxpaye...

Harriett Baldwin | 726 c924 (Link to this contribution)

That is my point—my hon. Friend has made it much better than I was. This is an offer to the Minis...

Alison Thewliss | 726 c924 (Link to this contribution)

I am glad to rise on this auspicious day to discuss this auspicious Bill. Today is auspicious not...

Clive Efford | 726 c924 (Link to this contribution)

I pay tribute to the Minister for the work he has done on this issue when he was one of us on the...

Alison Thewliss | 726 cc924-5 (Link to this contribution)

Yes. I have remarked in Committee, as the Minister will well remember, on the number of occasions...

Liam Byrne | 726 c925 (Link to this contribution)

Does the hon. Member agree that waivers for warlords is exactly the kind of information that the ...

Alison Thewliss | 726 c926 (Link to this contribution)

The right hon. Member makes an incredibly important point. The case reported in the press today s...

Peter Dowd | 726 c926 (Link to this contribution)

I thank the hon. Lady for giving way and wish many happy returns to her mother.

The hon. La...

Alison Thewliss | 726 cc927-930 (Link to this contribution)

I agree. The hon. Gentleman is anticipating my moving on to new clause 20, which talks to some of...

Nigel Evans | 726 c930 (Link to this contribution)

Before I call Dame Andrea Leadsom, I remind everybody that a number of cases are still before the...

Andrea Leadsom | 726 cc930-1 (Link to this contribution)

It is a pleasure to follow the hon. Member for Glasgow Central (Alison Thewliss). I agree with mu...

Baroness Hodge of Barking | 726 cc932-3 (Link to this contribution)

I welcome the Minister to his place. I enjoyed working with him for a number of years on the Back...

Kevin Hollinrake | 726 c933 (Link to this contribution)

I am always interested in what the right hon. Lady has to say. We have shown that we are willing ...

Baroness Hodge of Barking | 726 cc933-4 (Link to this contribution)

It is an important clause—I agree with the Minister on that—but equally, if we introduce a duty t...

Peter Dowd | 726 c934 (Link to this contribution)

The disease of not listening troubles me. I am not saying that the Government are not listening, ...

Baroness Hodge of Barking | 726 cc934-5 (Link to this contribution)

My hon. Friend makes an important point, because we legislated last year to create a register of ...

Kevin Hollinrake | 726 c935 (Link to this contribution)

The right hon. Member is raising a very important case, which she rightly says I have referred to...

Baroness Hodge of Barking | 726 cc935-6 (Link to this contribution)

On the last point, the Minister is right that such companies cannot sell or lease the property, b...

Catherine West | 726 c937 (Link to this contribution)

My right hon. Friend is making an excellent speech. Does she agree that the US model is worth loo...

Baroness Hodge of Barking | 726 c937 (Link to this contribution)

My hon. Friend is absolutely right and I will refer to that a little later in my contribution.

Nigel Mills | 726 c937 (Link to this contribution)

We have wrestled with a similar issue on tax agents, where it has become clear that people are fi...

Baroness Hodge of Barking | 726 cc937-8 (Link to this contribution)

The hon. Member makes a valid point, as he always does. That is a parallel argument for ensuring ...

Liam Byrne | 726 c939 (Link to this contribution)

Does my right hon. Friend agree that if the Minister does not agree with new clause 20, he is in ...

Baroness Hodge of Barking | 726 c939 (Link to this contribution)

Absolutely. The Minister always assures us that he will be on top of it, but he will not be there...

Baroness Hodge of Barking | 726 c939 (Link to this contribution)

I will give way to the hon. Member for Amber Valley (Nigel Mills) and then I will give way to the...

Nigel Mills | 726 c939 (Link to this contribution)

I am not sure I should pull rank on the Minister, but I am grateful to the right hon. Lady. Does ...

Baroness Hodge of Barking | 726 c939 (Link to this contribution)

If that has been proposed, it has not been proposed in the Bill. I am not hostile to that; it is ...

Kevin Hollinrake | 726 c939 (Link to this contribution)

My hon. Friend the Member for Amber Valley (Nigel Mills) has made absolutely the right point: as ...

Baroness Hodge of Barking | 726 c939 (Link to this contribution)

My simple response to the Minister is to invite him to share with us the current budget estimate ...

Baroness Hodge of Barking | 726 c940 (Link to this contribution)

Well, an estimate must be available, because we know where we are in the cycle. We know that some...

Baroness Hodge of Barking | 726 cc940-1 (Link to this contribution)

Okay. But if the fee is too much, I still suggest that the Minister looks at subsections (5), (6)...

Simon Fell | 726 cc941-5 (Link to this contribution)

I rise to speak to new clauses 17, 18, 19, 101, 102 and 103 in my name, and to support new clause...

Liam Byrne | 726 cc943-8 (Link to this contribution)

I wholeheartedly agree with the content, sentiment, analysis and explanation that the hon. Member...

Jonathan Djanogly | 726 cc948-950 (Link to this contribution)

This is a first-rate piece of legislation, which is both timely and important in the ongoing figh...

Gavin Newlands | 726 cc950-2 (Link to this contribution)

I rise to speak to new clauses 37 and 38. May I start by informally correcting the record? The Ha...

Alison Thewliss | 726 c951 (Link to this contribution)

My hon. Friend is making a good case on the impact of phoenixing on individuals and our constitue...

Gavin Newlands | 726 c953 (Link to this contribution)

I absolutely agree with my hon. Friend. Subcontractors also come to us with these issues. As well...

Kevin Hollinrake | 726 cc953-4 (Link to this contribution)

It is always a pleasure to follow the hon. Member for Paisley and Renfrewshire North (Gavin Newla...

Seema Malhotra | 726 c954 (Link to this contribution)

I thank the Minister for giving way. Would he commit to a meeting with the right hon. Member for ...

Kevin Hollinrake | 726 c954 (Link to this contribution)

I am always happy to have a meeting with the hon. Lady—we met only last week to discuss her amend...

Seema Malhotra | 726 c954 (Link to this contribution)

The Minister has made the point today and in Committee about this data being collected and report...

Kevin Hollinrake | 726 cc954-5 (Link to this contribution)

I am happy to have a meeting with the hon. Lady to discuss the different things that she thinks s...

Alison Thewliss | 726 c955 (Link to this contribution)

The Minister talks about the need for secondary legislation. Does he have an idea of the timescal...

Kevin Hollinrake | 726 c955 (Link to this contribution)

I cannot give a fixed timescale for the regulations, but clearly the quicker we get the Bill to R...

Alison Thewliss | 726 c955 (Link to this contribution)

I made the point earlier about my name appearing in three places on the register, with three diff...

Kevin Hollinrake | 726 c955 (Link to this contribution)

As the hon. Lady knows, the unique identifier will not be public, because we think that could inc...

Seema Malhotra | 726 c955 (Link to this contribution)

Of course, the Minister will not want accounts to be inadvertently linked where there may be two ...

Kevin Hollinrake | 726 cc955-6 (Link to this contribution)

That is an operational matter for Companies House; it is not for me as the Minister. The registra...

Kevin Hollinrake | 726 cc956-7 (Link to this contribution)

I have been told that I need to make progress, but I thank the right hon. Lady—my former partner ...

Kevin Hollinrake | 726 c957 (Link to this contribution)

Very briefly, and just to the right hon. Lady.

Baroness Hodge of Barking | 726 c957 (Link to this contribution)

Will the Minister accept any of the amendments or new clauses brought forward by Back Benchers to...

Kevin Hollinrake | 726 c957 (Link to this contribution)

As the right hon. Lady knows, new clause 15, which we tabled today, is based on some of the debat...

Gavin Newlands | 726 c957 (Link to this contribution)

Will the Minister give way briefly?

Kevin Hollinrake | 726 cc957-8 (Link to this contribution)

I am sorry, but I must conclude. I do apologise.

To conclude there, I thank all the Members...

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