Sanctions AML Act receives royal assent

Parliament3The Sanctions and Anti-Money Laundering Act 2018 received royal assent yesterday which means it has completed its passage through Parliament and is now an Act rather than a Bill.

A copy of the Act is here, and all the documents / drafts leading up to its passage here.

The Foreign Secretary’s statement says this is “an important moment for the UK. It is the first of the bills which prepares for life after our exit from the EU to complete its passage through Parliament. Thanks to this new law, once we have left the EU, we will have full control of our own sanctions policy again…”

This entry was posted in United Kingdom by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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