Commons Sense

House of Commons · Written Ministerial Statement

Economic Crime (Transparency and Enforcement) Bill

01 March 2022 · Home Office

Proposed by Priti Patel Con Witham

Crime & Law EnforcementForeign Affairs

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The Economic Crime (Transparency and Enforcement) Bill aims to address illicit financial activity from Russia.
  • The Bill includes provisions to enforce sanctions and combat grand corruption and serious crime.
  • A further Economic Crime Bill is planned for introduction in the coming months.

Issue summary

The statement discusses the introduction of the Economic Crime (Transparency and Enforcement) Bill to address illicit financial activity from Russia, enforce sanctions, and combat grand corruption and serious crime.

Action requested

The Government is introducing the Economic Crime (Transparency and Enforcement) Bill with three key components. A further Economic Crime Bill will be introduced in the coming months.

Key facts

  • The Economic Crime (Transparency and Enforcement) Bill addresses illicit financial activity from Russia.
  • It enforces sanctions and combats grand corruption and serious crime.
  • A further Economic Crime Bill will be introduced in the coming months.
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