Written questions

MBaer Merchant Bank

Commons · Question 122458 · Tabled 19 Mar 2026 · Treasury · Official record

Answered 25 Mar 2026

Question

Asked by Calum Miller

To ask the Chancellor of the Exchequer, what assessment her Department has made of the implications for its policies of the notice issued on 2 March 2026 by the US Treasury's Financial Crimes Enforcement Network proposing that MBaer Merchant Bank be desig

Answer

Answered by Lucy Rigby, 25 Mar 2026

The Government is committed to protecting the UK’s financial system and maintaining a robust anti-money laundering and counter-terrorist financing system. This involves identifying risks to the system, monitoring global developments, and working with inte...