Corporate Crime analysis: The Sanctions (EU Exit) (Miscellaneous Amendments) (No 2) Regulations 2024 , SI 2024/1157 (the Amending Regulations) were enacted under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA 2018) on 12 November 2024. The Amending Regulations vary and (in certain regimes) extend existing legislative provisions dealing with reporting requirements, licensing grounds, statutory exceptions to prohibitions and other ancillary matters across the UK’s financial and trade sanction regimes enacted under SAMLA 2018 (including the global human rights, anti-terrorism, counterterrorism, cyber and chemical weapons regimes). In addition to these overarching amendments, several changes are made to the Russia (Sanctions) (EU Exit) Regulations 2019 (the ‘Russia Regulations’), as explored further below. Written by Diana Czugler & Jake Eddison-Cook at Peters & Peters Solicitors LLP.
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