UK POLICIES ON LICENCES AND EXCEPTIONS ALLOWED FOR SANCTIONS POST-BREXIT

The always-relevant European Sanctions Blog on 11th May reported that the FCO had published a Note on the policy that the UK intends to adopt in relation to exceptions to activities otherwise prohibited by sanctions and the grounds for issuing licences under the Sanctions and Anti-Money Laundering Bill.  This makes clear that the UK will maintain a similar framework to the current licensing grounds, thus keeping the country aligned with EU partners.  The Note itself is available at –

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/704057/Policy_Note_-_Exceptions_and_Licences.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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