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UK Government Amends Sanctions Legislation
06/13/2020HM Treasury has published the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations and the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations, amending certain aspects of the U.K. sanctions regime. The legislation is made under the Sanctions and Anti-Money Laundering Act 2018, which was introduced to enable the U.K. Government to implement international sanctions following its departure from the EU. The majority of the SAMLA provisions entered into force on November 22, 2018.
The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations amend the U.K. sanctions legislation introduced to comply with UN sanctions obligations. The Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations amend other U.K. sanctions legislation that was designed for purposes other than compliance with UN obligations (including, for instance, to reflect sanctions currently implemented via the EU sanctions regime). The amendments are designed to achieve consistency across all sanctions regimes being introduced under the SAMLA, to correct specific errors identified in the U.K. sanctions regimes, to make consequential amendments to other legislation required by the U.K. sanctions regimes and to implement certain policy changes connected to the U.K.’s withdrawal from the EU.
View the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations.
View the Explanatory Memorandum to the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations.
View the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations.
View the Explanatory Memorandum to the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations.
View details of the Sanctions and Anti-Money Laundering Act 2018 (Commencement No. 1) Regulations 2018.
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