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Economic Crime (Transparency and Enforcement) Bill
01 March 2022
At a Glance
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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Assessment & feedback
Summary accuracy