UK Parliament · Public Bill · No. 3120
Economic Crime (Transparency and Enforcement) Act 2022
[As Introduced]
A
BILL
to
This Act aims to tackle economic crime and money laundering in the UK by increasing transparency about who really owns property and companies, and speeding up the process of freezing and confiscating assets belonging to criminals and corrupt individuals. It focuses particularly on preventing Russian and foreign oligarchs from using the UK to hide illegal money.
Presented by Priti Patel
supported by Lord Callanan.
supported by Lord Callanan.
✓ Passed into lawPublicLords
Official Ballot · Open Govt
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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote534 MPs
44% Ayes · 23456% Noes · 300
The democratic gap
56% , a wide gap
Outcome mismatch, the public would pass this bill, but Parliament rejected it.
Bill passage
Commons
- 1st reading1 Mar 2022
- 2nd reading7 Mar 2022
- Committee stage7 Mar 2022
- Report stage7 Mar 2022
- 3rd reading7 Mar 2022
Lords
- 1st reading8 Mar 2022
- 2nd reading9 Mar 2022
- Committee stage14 Mar 2022
- Report stage14 Mar 2022
- 3rd reading14 Mar 2022
Royal Assent14 Mar 2022