United Kingdom: Sanctions regime for fighting corruption accused of failures

An expanded UK sanctions regime that took effect last year and is intended to tackle global corruption and illicit money entering Britain from overseas is proving ineffective, according to campaigners.

A report by the UK Anti-Corruption Coalition, a campaign organisation, and Redress, a charity, said the effectiveness of UK “global anti-corruption sanctions” had been “undermined by a lack of designations [against individuals and companies] . . . insufficient co-ordination and information sharing [between countries] . . . and limitations in enforcement and implementation”.

In April last year the British government extended its post-Brexit sanctions regime by putting in place anti-corruption measures that would enable the UK to impose travel bans and assets freezes on individuals and companies accused of corruption.

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