Member

With the Financial Action Task Force review on the horizon, the UK needs to demonstrate that it has the financial and technical capacity to take this issue seriously. Otherwise, we risk falling behind our global partners in the fight against corruption and illicit finance. I look forward to the forthcoming publication of the Government’s anti-corruption strategy, and I have valued the opportunity to work closely with the anti-corruption champion, Baroness Hodge, in shaping that strategy. The Foreign Secretary is also right to make it his mission to position the UK as the global capital of anti-corruption, and to commit to a summit on financial crime next year. The ambition is clear, but we must now match it with resources, co-ordination and reform.