Sanctions

(asked on 16th May 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will publish his Department's guidance to Ministers on issuing special licenses to persons or organisations for activities otherwise prohibited by sanctions.


Answered by
Gareth Davies Portrait
Gareth Davies
Shadow Financial Secretary (Treasury)
This question was answered on 22nd May 2023

The Office of Financial Sanctions Implementation, part of HM Treasury, has an established framework for the circumstances in which decisions relating to licensing applications can be delegated to Officials. Following the Treasury’s Written Ministerial Statements of 30 March 2023, the Treasury laid the current framework in the Libraries of the House of Commons and House of Lords. We will now do the same with the version in operation in 2021.

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