B

Baroness Taylor of Stevenage (Lab)

Speaking in the House of Lords on 2 September 2026

Debate

Electoral Commission Investigations

Contribution

I am sure my noble friend will understand that I will not comment on individual cases. However, following the recommendations of the Rycroft review, the Government are introducing a complete ban on crypto asset donations of all value until such point that Parliament and the Electoral Commission are satisfied that there is sufficient regulation in place to ensure confidence and transparency in donations being made in this way. The ban has a retrospective effect from the date of its announcement on 25 March this year to prevent malign actors circumventing it. With this policy, we are taking decisive action to defend the legitimacy and integrity of our democratic system from foreign interference. I hope all politicians will take seriously that the rules apply to everybody.

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