{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z", "definition" : "https://eldaddp.azurewebsites.net/meta/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z", "extendedMetadataVersion" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z&_metadata=all", "first" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&_page=0&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z", "hasPart" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z", "isPartOf" : "https://eldaddp.azurewebsites.net/answeredquestions.text?tablingMember.label=Biography+information+for+Anneliese+Dodds&max-ddpCreated=2019-10-16T20%3A26%3A26.697Z&max-ddpModified.=2019-02-18T17%3A54%3A17.165Z", "items" : [{"_about" : "http://data.parliament.uk/resources/1061146", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061146/answer", "answerText" : {"_value" : "

The Financial Conduct Authority (FCA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act (2000). In view of this independence, HMT does not make an assessment of the fines issued by the FCA. The FCA provides year on year analysis of the fines it levies in its annual enforcement report. The 2017/18 report can be found here:<\/p>

<\/p>

https://www.fca.org.uk/publication/corporate/annual-report-2017-18-enforcement-performance.pdf<\/a><\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2019-02-19", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-02-19T12:39:58.937Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-02-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Financial Conduct Authority: Fines"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the 10 December 2018 Financial Times article FCA fines against individuals almost treble, whether his Department has made an assessment of the reasons for which fines issued by the Financial Conduct Authority decreased 88 per cent between 2017 and 2018.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4657", "label" : {"_value" : "Biography information for Anneliese Dodds"} } , "tablingMemberConstituency" : {"_value" : "Oxford East"} , "tablingMemberPrinted" : [{"_value" : "Anneliese Dodds"} ], "uin" : "221810"} , {"_about" : "http://data.parliament.uk/resources/1061147", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061147/answer", "answerText" : {"_value" : "

The Financial Action Task Force (FATF) is the global standard-setter on anti-money laundering and counter-terrorist financing. In line with the FATF procedures (available at http://www.fatf-gafi.org/publications/mutualevaluations/documents/4th-round-procedures.html<\/a>), HM Treasury submitted supporting documents for its evaluation in autumn 2017, outlining the technical compliance and efficacy of the UK\u2019s regime. HM Treasury officials subsequently engaged with FATF assessors during on-site meetings in March 2018 and at face-to-face meetings in August 2018. The UK\u2019s report was formally agreed by FATF members at the October 2018 FATF plenary meeting and published on 7 December 2018.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2019-02-19", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-02-19T12:42:05.047Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-02-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Money Laundering"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what representations his Department made to the Financial Action Task Force on Money Laundering ahead of the release of that body's evaluation of the UK\u2019s anti-money laundering and counter terrorist financing regime in December 2018.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4657", "label" : {"_value" : "Biography information for Anneliese Dodds"} } , "tablingMemberConstituency" : {"_value" : "Oxford East"} , "tablingMemberPrinted" : [{"_value" : "Anneliese Dodds"} ], "uin" : "221811"} , {"_about" : "http://data.parliament.uk/resources/1061148", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1061148/answer", "answerText" : {"_value" : "

In its recent assessment of the UK's anti-money laundering and counter terrorist financing (AML/CTF) regime, the Financial Action Task Force gave the UK the strongest results of 60 countries it has assessed to date. Out of the 11 areas assessed, the UK received the highest possible rating in 4 and the second highest rating in a further 4.<\/p>

<\/strong><\/p>

The strong assessment of the UK\u2019s system reflects the UK\u2019s commitment to tackling illicit finance \u2013 as reflected through recent reforms such as the establishment of the National Economic Crime Centre, the establishment of the Office for Professional Anti-Money Laundering Supervision (OPBAS) within the Financial Conduct Authority, the new measures introduced in the Criminal Finances Act 2017, and the implementation of the Money Laundering Regulations 2017.<\/p>

<\/p>

In January, the Chancellor and Home Secretary launched the Economic Crime Strategic Board which will work with senior figures from the public and private sectors to tackle economic crime. The Board, which will meet twice a year, will set priorities, direct resources and scrutinise performance against the economic crime threat. It is through the work of this Board, and the ongoing Treasury and Home Office-led economic crime reform programme, that the Financial Action Task Force\u2019s recommendations will be addressed.<\/p>

<\/p>

On 13 February, I co-chaired an AML/CFT Supervision roundtable with the Minister of State for Security & Economic Crime, with attendance from across the professional body supervision regime. This provided an important opportunity to emphasise the commitment of government to tackling illicit finance in the accountancy and legal sectors, to reaffirm my support for OPBAS in raising supervision standards and to make clear to attendees their responsibility to address the recommendations made by FATF during their review of the UK\u2019s AML/CFT regime.<\/p>

<\/p>

There is work already in train to address some of the recommendations. For example, the government is already committed to:<\/p>