✓ Passed into LawLords
UK Parliament · Bill
Criminal Finances Act 2017
Summary
The Criminal Finances Act 2017 gives UK authorities new powers to track down, freeze, and seize money that comes from serious crimes. It aims to make it harder for criminals to use or hide their illegal profits, and includes rules about reporting suspicious financial activity.
A vote to support means
- —Supporting this Act means backing stronger tools to catch criminals who hide money from crime. It helps police and tax authorities track down and seize money from serious crimes like drug trafficking and terrorism, protecting the public and disrupting criminal operations.
A vote to oppose means
- —Critics worry the Act gives authorities too much power to freeze people's assets without enough evidence or court oversight. Some are concerned it could affect innocent people's finances or be misused, and that it's unclear what 'suspicious' activity actually means.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Parliament's Vote541 MPs
45% Ayes · 24155% Noes · 300
Bill Passage
Commons
- 1st reading13 Oct 2016
- 2nd reading25 Oct 2016
- Committee stage15 Nov 2016
- Report stage21 Feb 2017
- 3rd reading21 Feb 2017
Lords
- 1st reading22 Feb 2017
- 2nd reading9 Mar 2017
- Committee stage28 Mar 2017
- Report stage25 Apr 2017
- 3rd reading25 Apr 2017
Royal Assent27 Apr 2017
Full Bill Description(click to expand)
No description available