Committees

Economic Crime inquiry

Inquiry

This inquiry will have two strands: one looking at the anti-money laundering and sanctions regime, and one considering economic crime as it affects consumers.

The anti-money laundering, counter-terrorist financing and sanctions regimes

The Committee would welcome evidence on:

  • The scale of money laundering, terrorist financing and sanctions violations in the UK, and the means by which this activity is enabled
  • The current legislative and regulatory landscape, including any weaknesses in the rules and their enforcement
  • The effectiveness of the Treasury and its associated bodies in supporting and supervising the regimes
  • The impact of the implementation of the current regimes on individuals, firms and the wider economy, including unintended consequences, such as the removal/refusal of financial services from/to individuals or firms
  • The role of financial institutions and/or professional bodies in these regimes
  • The UK’s role in international efforts to tackle money laundering and terrorist financing and implement sanctions

Consumers and economic crime

In relation to economic crime as it affects consumers, e.g. consumer fraud, the Committee would welcome evidence on:

  • The current legislative and regulatory landscape, including any weaknesses
  • The scale and nature of economic crime faced by consumers, including emerging trends
  • The response of the Treasury and its associated bodies to economic crime consumers face
  • Consumer education, responsibility and vulnerability in relation to economic crime
  • The role and effectiveness of financial institutions in combatting economic crime that consumers face
  • The potential for technology and innovation to assist those committing and combatting economic crime
  • The security of consumers’ data

Upcoming events

View all events

No upcoming events scheduled

Past events

Wednesday 15 May 2019
10:00am Public
Economic Crime inquiry - Oral evidence 15 May 2019
Room 16, Palace of Westminster
Tuesday 2 April 2019
10:00am Public
Economic Crime inquiry - Oral evidence 2 April 2019
The Boothroyd Room, Portcullis House
Wednesday 13 February 2019
9:15am Public
Economic Crime inquiry - Oral evidence 13 February 2019
The Grimond Room, Portcullis House
Tuesday 8 January 2019
10:00am Public
Economic Crime inquiry - Oral evidence 8 January 2019
The Grimond Room, Portcullis House

Contact us

We receive a significant number of emails each day. All requests and invitations are considered but we do not respond directly to everyone. Please be aware, the committee does not look at individual cases or specific complaints.