Draft Immigration Act 2014 (Current Accounts) (Excluded Accounts and Notification Requirements) Regulations 2016 — 14 Dec 2016 at 20:17

The majority of MPs voted in favour of arrangements for immigration checks for those opening banks and building society accounts.

The motion supported by the majority of MPs in this vote:

• That the draft Immigration Act 2014 (Current Accounts) (Excluded Accounts and Notification Requirements) Regulations 2016, which were laid before this House on 7 November, be approved.

Part 3 (Access to Services) of the Immigration Act 2016 restricts access to banking services in the United Kingdom for certain people who are not lawfully entitled to enter or remain in the country.

The regulations supported by the majority of MPs in this vote set out requirements for immigration checks and Home Office notification to be followed by banks and building societies.

The regulations exclude accounts operated by or for an individual who is acting, with respect to the account, for the purposes of a trade, business or profession from the immigration check and reporting requirements.

The regulations also provide for monitoring of compliance and enforcement by the Financial Conduct Authority.^[1]

• [1] Explanatory notes to the draft Immigration Act 2014 (Current Accounts) (Excluded Accounts and Notification Requirements) Regulations 2016

Debate in Parliament |