§ Lord Kennetasked Her Majesty's Government:
Whether they consider that placing unlawfully obtained funds in secret accounts is a human right which must not be infringed.
§ Lord Mackay of ArdbrecknishNo. Appropriate controls on unlawfully obtained funds cannot amount to an infringement of the human rights of those making or facilitating such deposits. In the UK it is an offence to help another person to launder the proceeds of serious crime, whether by putting money into a hank account or in some other way. Banks and other financial businesses must have internal procedures requiring staff to report suspicions of money laundering to the police. Banking confidentiality is overridden by the anti-money laundering legislation.