Legal News

UK representatives attend International Anti-Corruption Conference

Published on: 13 December 2022
Published by LNB News

LNB News 13/12/2022

Document Information

Issue Date: 13 December 2022

Published Date: 13 December 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Senior representatives from the UK and international governments participated in the International Anti-Corruption Conference on 6 December 2022 to discuss the need to continue to fight illicit finance and corruption. According to the Foreign, Commonwealth & Development Office, the UK’s response is overseen by Minister for Security, Tom Tugendhat, and includes the Economic Crime and Corporate Transparency Bill, which is currently going through Parliament. The Act builds on the Economic Crime (Transparency and Enforcement) Act 2022 (EC(TE)A 2022) and intends to crack down on financial criminals and terrorists, reform Companies House to prevent abuse of limited partnerships, and provide further powers to tackle money laundering and seize crypto assets.

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