Member

If my colleague, my noble friend Lord Wallace, was here, I could not go without mentioning overseas territories. We all understand how overseas territories have been used and abused, and we all still know that there is much work to be done to bring them in line. There have been many promises and deadlines missed on this. Will the new Government undertake to finally bring the overseas territories into a system where there is not an increased opportunity to obscure ownership? It is absolutely what is happening now and, until we sort that out, there is such a big loophole presented to people.