House of Commons
2 March 2018
The Criminal Finances Act 2017 strengthens the UK’s ability to tackle serious financial crime. It introduces tougher rules and new powers for authorities to pursue, seize and recover criminal money, including offences for organisations that fail to prevent money laundering. The aim is to deter financial crime and improve transparency across the financial system.
The bill has completed passage through Parliament and received Royal Assent, becoming law.
Two report-stage votes on new clauses ended with more MPs voting against than for. Opposition parties (Labour, SNP, Lib Dem and Independents) supported the clauses, while Conservative MPs opposed them; similar opposition from Reform UK and DUP in the votes.
Generated 21 February 2026
Based on 2 recorded votes • Sorted by % Aye