Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label previous answer version answering member constituency answering member printed answering member label
tabling member	label

Search

869437

	registered interest
	date	22/03/2018
	answering body	Attorney General
	answering dept id	88
	answering dept short name	Attorney General
	answering dept sort name	Attorney General
	hansard heading	Money Laundering
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Attorney General, pursuant to the Answer of 20 February 2018 to Question 127856 on money laundering, how many of those businesses have been fined more than once; and what the (a) average, (b) lowest and (c) highest value of those fines was.
	tabling member constituency	Newcastle upon Tyne North
	tabling member printed	Catherine McKinnell
	uin	133951
	answer	answer is ministerial correction date of answer 28/03/2018 answer text <p>The ‎work of the FCA is a matter for HMT. Officials at HMT have advised that in January 2017, the FCA fined Deutsche Bank £163 million, its largest ever financial penalty for AML failings.</p><p> </p><p>All FCA fines levied against businesses are published online. The link to the webpage can be found below:</p><p> </p><p><a href="https://www.fca.org.uk/news/news-stories/2017-fines" target="_blank">www.fca.org.uk/news/news-stories/2017-fines</a></p><p> </p><p>HMT does not hold data on how many firms have been fined more than once, the lowest fine, nor the average value of fines.</p> answering member constituency South Swindon answering member printed Robert Buckland question first answered 28/03/2018 14:53:35 answering member 4106 label Biography information for Sir Robert Buckland previous answer version 49945 answering member constituency South Swindon answering member printed Robert Buckland answering member 4106 label Biography information for Sir Robert Buckland
	tabling member	4125 label Biography information for Catherine McKinnell

870243

	registered interest
	date	23/03/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Money Laundering
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, if he will set out all companies that have been fined by HMRC for breaching the Money Laundering Regulations 2017 after June 2017.
	tabling member constituency	Bishop Auckland
	tabling member printed	Helen Goodman
	uin	134107
	answer	answer is ministerial correction date of answer 28/03/2018 answer text <p>As part of the new Money Laundering Regulations introduced in June 2017, HMRC has a duty to publish information about penalties charged under the Regulations.</p><p> </p><p>Publishing decisions will be made on a case-by-case basis, considering proportionality, size of penalties and any impact on the financial markets or an ongoing investigation. These considerations will inform whether HMRC publishes with full identity, anonymously or not at all in a listing on GOV.UK.</p><p> </p><p>HMRC is currently considering all relevant penalty cases and, where appropriate, will publish details on GOV.UK shortly and on an ongoing basis thereafter. All businesses receiving a penalty under the new regulations have been informed of HMRC’s duty to publish.</p><p> </p><p>This requirement was not in the Money Laundering Regulations 2007 and the details of any penalties issued under those regulations cannot be published or disclosed.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 28/03/2018 16:37:39 answering member 3935 label Biography information for Mel Stride
	tabling member	1484 label Biography information for Helen Goodman