Written Question·Foreign, Commonwealth and Development Office·UIN 400

British Overseas Territories and Crown Dependencies: Money Laundering and Tax Evasion

Tabled: 17 July 2024
Answered: 25 July 2024

Question

Daisy Cooper

Liberal DemocratSt Albans

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps he plans to take to help tackle (a) money laundering and (b) tax evasion in the Crown Dependencies and Overseas Territories (CDOTs), in the context of the number o

Answer

Stephen Doughty
Financial secrecy facilitates illicit finance including money laundering as well as tax and sanctions evasion. It enables serious and organised crime, undermines our national security by supporting kleptocracies around the world, and it diverts resources ...

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