Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, with reference to the Global Anti-Corruption Sanctions Regulations 2021, what plans he has to ensure transparency on the use of such sanctions; and if he will provide quarterly reports to Parliament on the (a) amounts of assets frozen, (b) visas denied, (c) types of assets frozen and (d) requests received for the delisting of people or entities under those regulations.

The Sanctions and Anti-Money Laundering Act 2018 includes a number of reporting obligations. As required by Section 30 of the Sanctions and Anti-Money Laundering Act 2018 the Government will report annually to Parliament on all sanctions regulations.

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, undertakes an annual frozen asset review. This requires all persons that hold or control funds or economic resources that are owned, held or controlled by a designated person and subject to UK financial sanctions to report them to OFSI. OFSI also gathers information through the exercise of its statutory powers. HM Treasury does not disclose information about individual assets held in the UK. The Home Office does not comment on individual cases with respect to travel bans.