NOTICE TO IMPORTERS 2896: UK BAN ON THE IMPORT OF BUMP STOCKS
On 4th December this Notice announced a UK import ban on so-called “bump stocks”. These are devices which, when fitted or added to a self-loading firearm, utilise the recoil forces to automate repeated pressure on the trigger, increasing the rate of fire of the firearm. This decision was taken on the grounds of public safety as there is a risk that such items can be used on legally-held rifles. The import ban will remain in force whilst tests take place on the ability of these devices to be used on legally-held firearms. Bump stocks came into the public consciousness following the recent Las Vegas shooting tragedy.
On 5th December the EU finally published its awaited list of “non-cooperative” jurisdictions.
See also accompanying Memo and Factsheet –
American Samoa, Bahrain, Barbados, Grenada, Guam, South Korea, Macao, Marshall Islands, Mongolia, Namibia, Palau, Panama, St Lucia, Samoa, Trinidad and Tobago, Tunisia, UAE
LATEST HM TREASURY ADVISORY NOTICE REGARDING THE RISKS POSED BY UNSATISFACTORY MONEY LAUNDERING AND TERRORIST FINANCING CONTROLS IN A NUMBER OF JURISDICTIONS
On 5th December, HM Treasury’s latest Advisory Notice was published. It refers to 2 statements issued by FATF in November 9these are annexed to the Advisory Notice).
“Marking the 50th anniversary of UN sanctions, this work examines the evolution of sanctions from a primary instrument of economic warfare to a tool of prevention and protection against global conflicts and human rights abuses”
Freshfields Bruckhaus Deringer provides excellent coverage of developments concerned with the UN Guiding Principles (aka “Ruggie Principles”) and includes a 3-part recap of the UN Forum on Business and Human Rights 2017.