Moved by

Earl Attlee

223: After Clause 71, insert the following new Clause—

“Money laundering regulations: exports to Ukraine

(1) Within three months of this Act being passed, the Treasury must take all reasonable steps to make regulations to amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations...

Moved by

Earl Attlee

223: After Clause 71, insert the following new Clause—

“Money laundering regulations: exports to Ukraine

(1) Within three months of this Act being passed, the Treasury must take all reasonable steps to make regulations to amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations...

My Lords, in moving my Amendment 223, I will speak to my Amendment 241FB. They both deal with the unintended and undesirable effects of the anti-money laundering regime in the UK. I do not profess to have any expertise here; my relevant experience is in defence and security.

I fear that...

My Lords, in moving my Amendment 223, I will speak to my Amendment 241FB. They both deal with the unintended and undesirable effects of the anti-money laundering regime in the UK. I do not profess to have any expertise here; my relevant experience is in defence and security.

I fear that...

SPIRE is part of the Export Control Joint Unit.

SPIRE is part of the Export Control Joint Unit.

My Lords, although I agree with everything my noble friend Lady Noakes said, I point out that I have discussed Peter’s case at a very senior level with his bank and I can absolutely understand the decision the bank made. It looked at it very carefully, but it cannot take...

My Lords, although I agree with everything my noble friend Lady Noakes said, I point out that I have discussed Peter’s case at a very senior level with his bank and I can absolutely understand the decision the bank made. It looked at it very carefully, but it cannot take...

I am sorry to interrupt my noble friend, but I would like to make it clear that Peter does not need any financing. The other cases that I have

come across in the aerospace and defence sector are very well financed; that is why their businesses are not very attractive...

I am sorry to interrupt my noble friend, but I would like to make it clear that Peter does not need any financing. The other cases that I have

come across in the aerospace and defence sector are very well financed; that is why their businesses are not very attractive...

My Lords, I am grateful for the attention that my noble friend the Minister has paid to my concerns. One thing I would like to pick her up on is that she seems to have been briefed that there is not a systemic problem with the money laundering regulations. I...

My Lords, I am grateful for the attention that my noble friend the Minister has paid to my concerns. One thing I would like to pick her up on is that she seems to have been briefed that there is not a systemic problem with the money laundering regulations. I...