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The regulations will enable the UK government to impose sanctions in response to serious corruption around the world.
On 26 April 2021, the United Kingdom implemented the Global Anti-Corruption Sanctions Regulations 2021 (the Regulations). The legislation sets out a new Global Anti-Corruption Sanctions Regime to combat serious corruption, pursuant to the Sanctions and Anti-Money Laundering Act 2018 (SAMLA).
The Regulations allow the UK government to designate as sanctions targets (i.e., the targets of asset-freeze sanctions and travel restrictions) persons who are or who have been involved in “serious corruption” around the world, defined as (i) “bribery” or (ii) “misappropriation of property”. These terms are defined broadly as follows:
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Understanding the UK s âTiltâ Towards the Indo-Pacific
The UKâs goal to be the European partner âwith the broadest and most integrated presenceâ in the region within the next nine years appears ambitious.
British Prime Minister Boris Johnson speaks during the weekly question time debate at the House of Commons in London, Britain March 10, 2021. Photo: UK Parliament/Jessica Taylor/Handout via Reuters
World17/Mar/2021
The UKâs new foreign and security policy âtiltâ towards the Indo-Pacific remains firmly anchored within the Euro-Atlantic region, with the US as its âmost important strategic allyâ and Russia as its most âacute threatâ. China, India and Japan are recognised as the three most important powers in the Indo-Pacific with widely differing characteristics and relationships with the UK. And, climate change will be the UKâs top international priority in the decade ahead, according to the first comprehensive (111-