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
2 results
Clear
5 Recommendation Rejected
Eleventh Report - Economic Crime
We recommend that the Government considers whether the governance of the Economic Crime Plan has...
We recommend that the Government considers whether the governance of the Economic Crime Plan has been effective and also whether having such a wide range of departments with responsibilities in this field is the best way to tackle a problem … Read more
Government Response
The government believes that a single departmental approach would undermine efforts to tackle economic crime holistically and that the Economic Crime Plan is intended to facilitate progress through coordinated partnership-working between the public and private sectors.
HM Treasury
View details
9 Recommendation Rejected
Eleventh Report - Economic Crime
The number of agencies responsible for fighting economic crime and fraud is bewildering.
The number of agencies responsible for fighting economic crime and fraud is bewildering. Each of the enforcement agencies has other crime-fighting or regulatory objectives, and although the joint working co-ordinated by for example the National Economic Crime Centre is welcome, … Read more
Government Response
The government believes that a multi-agency approach is the right way to fight economic crime and fraud and that the NECC operates effectively in its role.
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