After Brexit London will introduce its own sanctions regime, which fall within the Russians

ALL PHOTOS

The UK will announce its own sanctions mechanism in February, after the country’s withdrawal from the EU

Pixabay.com

The Minister of foreign Affairs of great Britain Dominique Raab plans to use when introducing restrictive measures, national legislation, named after lawyer Sergei Magnitsky

Chris McAndrew / wikimedia.org

The British Parliament adopted an amendment, similar to the American “Magnitsky act”, in may 2018

Pixabay.com

The UK is preparing to launch its own, independent from the EU, sanctions regime, within which London will be able, in particular, to freeze the assets of persons suspected of violation of human rights. According to Financial Times, the British, under sanctions, according to the newspaper, in particular, to get the citizens of Russia.

It is planned that the UK will announce its own sanctions mechanism in February, after the country’s withdrawal from the EU. After that London will get an opportunity to work in this field more quickly and decisively, without coordinating its sanctions with the 27 other EU countries.

The announcement of the sanctions mechanism in February-March may be followed by a list of specific individuals, which will apply restrictive measures. According to sources from the UK government, under the first wave of sanctions may fall the citizens of Russia, Libya, North Korea and Saudi Arabia.

The Minister of foreign Affairs of great Britain Dominique Raab plans to use when introducing restrictive measures, national legislation, named after lawyer Sergei Magnitsky, which allows you to block assets and prohibit the entry of citizens involved in violations of human rights.

The British Parliament adopted an amendment, similar to the American “Magnitsky act”, in may 2018. In addition to the introduction of restrictive measures for violations of human rights, it also implies disclosure to 2020 information on those who hold assets under the jurisdiction of the British overseas territories. Speech, in particular, the British virgin and Cayman Islands.

Then the newspaper The Sunday Times, citing estimates by non-governmental organization Global Witness reported that Russian oligarchs are kept at the British offshore $ 47 billion and 41.5 billion of them lying on offshore accounts, the British virgin Islands.

The British authorities still have not used the amendment. In may last year, the members of the house of Commons sent the foreign Ministry a letter in which he indicated that the amendment is not contrary to EU legislation. In addition, the parliamentarians noted, the EU Lithuania, Latvia and Estonia, which have also adopted laws with the “Magnitsky amendment”, used with respect to human rights violators. The MPs demanded from the British authorities as quickly as possible to create the necessary mechanisms for the implementation of the law. As noted by the Minister for European Affairs, Alan Duncan, the British version will be stiffer similar legislation in other European countries.