Extracts from remaining stages (Commons) of the Criminal Finances Bill - Feb 21
Wednesday, 22 February 2017 06:37
Caroline Flint (Don Valley) (Lab):...There are multiple examples of
the UK legislating for its overseas territories. In 2009, the UK
imposed direct rule in the Turks and Caicos Islands,
following allegations of corruption. In 2000, the UK Government
decriminalised homosexual acts in the overseas territories using
Orders in Council. In 1991, the UK Government, by Order in Council,
abolished capital punishment for the crime of murder in Anguilla,
the British Virgin Islands, the Cayman...Request free trial
(Don Valley)
(Lab):...There are multiple examples of the UK legislating
for its overseas territories. In 2009, the UK imposed direct rule
in the Turks
and Caicos Islands, following allegations of
corruption. In 2000, the UK Government decriminalised homosexual
acts in the overseas territories using Orders in Council. In 1991,
the UK Government, by Order in Council, abolished capital
punishment for the crime of murder in Anguilla, the British Virgin
Islands, the Cayman Islands, Montserrat, and the Turks
and Caicos Islands. The exception was Bermuda, which is
generally considered the most autonomous overseas territory, but
the UK Government threatened to impose change, which had the
desired effect of ensuring changes in domestic legislation...
Sir (North West Norfolk)
(Con):...The other issue is this: would it solve the
problem? No. The companies registered in the BVI, the Cayman
Islands or the Turks
and Caicos Islands would simply register
elsewhere in countries that do not have public registers. They
would go to Panama or Colombia. Indeed, I saw recently that the
United States, Hong Kong and Singapore have said specifically that
they will not bring in public registers until the rest of the world
moves on. New clause 6 is well intentioned, but we should be very
mindful of the unintended consequences...
To read the whole debate, CLICK
HERE
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