Sanctions and anti-Money Laundering Act 2018: Report on Regulations Debate
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Nigel Adams
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Sanctions and anti-Money Laundering Act 2018: Report on Regulations
Nigel Adams Excerpts(4 years, 4 months ago)
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The Minister for Asia (Nigel Adams)
My noble Friend the Minister of State for Foreign and Commonwealth Affairs (Lord Ahmad of Wimbledon) has made the following written ministerial statement:
Today the “Report on Regulations Made under Section 32 of the Sanctions and Anti-Money Laundering Act 2018” will be laid in Parliament.
The report details the two regulations laid under section 1 of the Sanctions and Anti-Money Laundering Act 2018 during the reporting period from 23 May 2019 to 22 May 2020, and states the relevant human rights purposes of those regulations.
In addition to the actions set out in the report, the Government established the global human rights sanctions regime on 6 July by laying regulations in Parliament. These regulations enable the Government to impose sanctions in response to serious human rights violations or abuses around the world. The Government made immediate use of the powers provided by the Global Human Rights Sanctions Regulations 2020, implementing 49 designations on a range of people and entities.
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