DebateGeneral CommitteeWednesday, 3 June 202616:30

Fifth Delegated Legislation Committee: The draft Money Laundering and Terrorist Financing (Amendment) Regulations 2026

Parliamentary debate

Parliament is reviewing proposed amendments to money laundering and terrorist financing regulations scheduled for 2026. The committee will scrutinise changes to the legal framework that banks, financial firms, and other businesses use to detect and prevent financial crime and the movement of funds linked to terrorism. These are technical regulations made under existing legislation rather than a new bill.

Money laundering and terrorist financing regulations affect every financial institution in the UK and determine how effectively the country can combat organised crime, corruption, and terrorism funding. Changes to these rules shape compliance costs for banks and businesses, and determine whether financial crime goes undetected. This is a routine but consequential update to enforcement machinery.

Crime & Policing Tax & Public Finances

MPs most likely to speak

Andrew GriffithConservative and Unionist Party

Arundel and South Downs

Shadow Business and Trade — portfolio topic overlap (35pts); Spoken on crime, fiscal-policy, economy-jobs (78 times, 40pts); Known positions: economy-jobs: opposed, labour-market: opposed, economy-jobs: supportive (30pts)Voting record

Chris BryantLabour Party

Rhondda and Ogmore

Minister of State — portfolio topic overlap (35pts); Spoken on crime, fiscal-policy, economy-jobs (105 times, 40pts); Known positions: technology: supportive, economy-jobs: supportive, economy-jobs: neutral (30pts)Voting record

Chris PhilpConservative and Unionist Party

Croydon South

Shadow Home Secretary — portfolio topic overlap (35pts); Spoken on crime, fiscal-policy, economy-jobs (82 times, 40pts); Known positions: crime: opposed, crime: questioning, fiscal-policy: opposed (30pts)Voting record

Sarah SackmanLabour Party

Finchley and Golders Green

Minister of State — portfolio topic overlap (35pts); Spoken on crime, fiscal-policy, economy-jobs (98 times, 40pts); Known positions: crime: supportive, technology: supportive, crime: opposed (30pts)Voting record

Dan TomlinsonLabour Party

Chipping Barnet

Exchequer Secretary — portfolio topic overlap (35pts); Spoken on crime, fiscal-policy, economy-jobs (110 times, 40pts); Known positions: fiscal-policy: supportive, economy-jobs: supportive, agriculture: supportive (30pts)Voting record

Fifth Delegated Legislation Committee: The draft Money Laundering and Terrorist Financing (Amendment) Regulations 2026

MPs most likely to speak

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