Require MPs to seek independent approval before personal transactions over £20k
Require MPs to report any planned personal financial transaction they wish to make over £20,000, including trustee decisions, to an independent parliamentary ethics adviser for review before execution, to prevent future scandals and restore trust in politics.
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Similar motions
Ban MPs from accepting any gifts or donations from businesses and individuals
Politicians are lawmakers and should be held to the highest standards of integrity. Yet MPs are currently allowed to accept gifts, hospitality, and donations from businesses and individuals. We think that even when declared, this can create a clear conflict of interest and undermine public trust.
Make MPs and Ministers publish yearly verified reports of assets and debts
Create a law requiring all MPs, Ministers and senior civil servants to file an annual declaration of total assets and debts (value ranges), the country of all bank or investment accounts, and any rise in overall capital. Verified independently and published yearly to improve transparency.
Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
Make conflict of interest a criminal offence for MPs and Peers
Make it a law that any MP or member of the house of lords should not have a conflict of interest in any law, guideline or deal to be presented to the government. They should not have any links to businesses that will profit from new contracts from the above mentioned including company shares.
Check that MPs’ declarations of financial interests are full and accurate
Check for financial discrepancies in every MP’s submissions to the Register of Financial Interests. This should happen as the self-declaration of interests that is currently being used seems to fail on far too many occasions.
Require MPs to seek independent approval before personal transactions over £20k
Require MPs to report any planned personal financial transaction they wish to make over £20,000, including trustee decisions, to an independent parliamentary ethics adviser for review before execution, to prevent future scandals and restore trust in politics.
React
Where do you stand on this motion?
See what others are saying
Members can read every reason.
Similar motions
Ban MPs from accepting any gifts or donations from businesses and individuals
Politicians are lawmakers and should be held to the highest standards of integrity. Yet MPs are currently allowed to accept gifts, hospitality, and donations from businesses and individuals. We think that even when declared, this can create a clear conflict of interest and undermine public trust.
Make MPs and Ministers publish yearly verified reports of assets and debts
Create a law requiring all MPs, Ministers and senior civil servants to file an annual declaration of total assets and debts (value ranges), the country of all bank or investment accounts, and any rise in overall capital. Verified independently and published yearly to improve transparency.
Review the tax affairs of all sitting MPs for public peace of mind
Government or Parliament should initiate a review of the finances of all sitting MPs for all years they have sat in office. The review should make sure they were conducting themselves according to the law regarding taxation, including with regards to their assets.
Make conflict of interest a criminal offence for MPs and Peers
Make it a law that any MP or member of the house of lords should not have a conflict of interest in any law, guideline or deal to be presented to the government. They should not have any links to businesses that will profit from new contracts from the above mentioned including company shares.
Check that MPs’ declarations of financial interests are full and accurate
Check for financial discrepancies in every MP’s submissions to the Register of Financial Interests. This should happen as the self-declaration of interests that is currently being used seems to fail on far too many occasions.