Written question asked by Lord Roberts of Llandudno (Liberal Democrat) on Friday, 30 January 2026, in the House of Lords. It was due for an answer on Friday, 13 February 2026. It was answered by Lord Livermore (Labour) on Thursday, 12 February 2026 on behalf of the Treasury.
Financial Services: Politically Exposed Persons
- Question
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To ask His Majesty's Government what assessment they have made of the effectiveness of due diligence checks on politically exposed persons undertaken by financial institutions in the United Kingdom.
- Answer
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The Government is clear that the enhanced due diligence requirements contained in the Money Laundering Regulations in relation to politically exposed persons provide valuable, actionable intelligence on those who would seek to abuse their positions, including hostile states and organised criminals. This helps to protect the UK from money laundering and corruption.
Secondary information
- Type
- Written question
- Reference
- HL14156
- Session
- 2024-26
- Related items
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Financial Services: Politically Exposed Persons
Thursday, 12 March 2026
Written questions
House of Lords
- Subjects
- Financial services Politically exposed persons
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-03-12 11:39:45 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL14156
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL14156
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL14156