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UK announces new sanctions regime to stop money launderers treating country as honey pot UK Government imposes sanctions on 22 people accused of serious corruption, including South Africa s Gupta brothers Dominic Raab said he wants to hold the corrupt to account  Credit: Reuters The UK has announced new beefed-up sanctioning powers against corruption as Dominic Raab warned the country has become a honey pot for foreign actors seeking to launder their “dirty money”. The Foreign Secretary said the new sanctions would stop those involved in serious corruption from entering and channelling money through the UK. Britain, for the first time, on Monday imposed asset freezes and travel bans against 22 people from across Russia, South Africa, Saudi Arabia and Latin America under the new Global Anti-Corruption sanctions regime, which gives the UK unprecedented power to stop corrupt actors profiting from the UK economy.

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