Economic crime

Treasury Committee Closed Inquiry
Opened: 23 Oct 2020 Closed: 28 Jun 2022 Parliament page
This inquiry will review what progress has been made in combatting economic crime since the Committee’s inquiry on the subject in the previous Parliament. This inquiry will have two strands: • Anti-money laundering systems and the sanctions regime • How consumers are affected by economic crime It should be noted … Read more
36 Recommendations
20 Conclusions
1 Report
8 Letters
5 Events
Activity timeline 11 events
28 Apr
2022
Report published
2 Feb
2022
Report published
1 Oct
2021
Correspondence
1 Oct
2021
Correspondence
1 Oct
2021
Correspondence
1 Oct
2021
Correspondence
14 Jun
2021
Formal meeting · Virtual meeting
23 Oct
2020
Correspondence
23 Oct
2020
Correspondence
23 Oct
2020
Correspondence
23 Oct
2020
Correspondence
Title HC No. Published Items Response
Eleventh Report - Economic Crime HC 145 2 Feb 2022 56 Responded
Recommendations & Conclusions
1 result
Clear
18 Recommendation Accepted in Part
Eleventh Report - Economic Crime
It is not appropriate that online companies should profit both from paid-for advertising for financial...
It is not appropriate that online companies should profit both from paid-for advertising for financial products and from warnings issued on their platforms by the Financial Conduct Authority (FCA) about those advertisements. We urge all online companies to work constructively … Read more
Government Response
The government agrees it's inappropriate for online companies to profit from both ads and warnings, notes Google offered advertising credits, but mentions struggling to engage with other platforms and that there will be no refund of past spending.
HM Treasury
View details
Government Response AI assessment · 56 of 36 classified
Accepted 18
Accepted in Part 1
Acknowledged 31
Not Addressed 4
Rejected 2
Total 36 recs + 20 conclusions
Correspondence 8 letters
1 Oct 2021 To committee Letter from the Chair to Facebook regarding the Economic Crime evidence session, dated 1 October 2021
Parliament page
1 Oct 2021 To committee Letter from the Chair to Amazon regarding the Economic Crime evidence session, dated 1 October 2021
Parliament page
1 Oct 2021 To committee Letter from the Chair to Google, regarding the Economic Crime evidence session, dated 1 October 2021
Parliament page
1 Oct 2021 To committee Letter from the Chair to eBay regarding the Economic Crime evidence session, dated 1 October 2021
Parliament page
23 Oct 2020 To committee Letter from Chief Executive and First Permanent Secretary, HMRC, relating to FinCen Papers, dated 2 October 2020
Parliament page
23 Oct 2020 To committee Letter from FCA Chief Executive relating to FinCen Papers, dated 9 October 2020
Parliament page
23 Oct 2020 To committee Letter from Lord Callanan, Minister for Climate Change and Corporate Responsibility, BEIS, relating to FinCen Papers, dated 13 October 2020
Parliament page
23 Oct 2020 To committee Letter from Rt Hon James Brokenshire MP, Minister of State for Security, relating to FinCen Papers, dated 19 October 2020
Parliament page