On 29 April, a Notice from HM Treasury advised that, following the enactment of the new Regulations below, 23 sanctioned entities have had their listing amended.
UK: MYANMAR (SANCTIONS) REGULATIONS 2021
On 29 April, the UK published these Regulations which revoke 2019 regulations, are made under the Sanctions and Anti-Money Laundering Act 2018 to establish a sanctions regime in relation to Myanmar for the purposes of: promoting the peace, stability and security of Myanmar; promoting respect for democracy, the rule of law and good governance in Myanmar; discouraging actions, policies or activities which repress the civilian population in Myanmar; and promoting compliance with international human rights law and respect for human rights in Myanmar.
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