Sanctions

Practice Notes

1. •

   International sanctions—an introduction provides an introduction to the international sanctions regimes. It explains what sanctions are, the difference between financial sanctions and trade sanctions and the different legal frameworks for imposing international sanctions including UN sanctions, UK domestic sanctions and EU sanctions. This Practice Note explains the UK’s power to freeze the assets under SAMLA 2018 and how penalties for breach of sanctions are imposed in the UK. This Practice Note also explains how sanctions are enforced and the key elements of sanctions, ie asset freezes, arms embargo and other export restrictions and licences

2. •

   International official financial sanctions lists contains a table of international financial sanctions lists with links to the various lists and the regulatory bodies responsible for them, as far as possible

3. •

   Designation of sanctions targets under the UN sanctions, UK sanctions and EU sanctions regimes explains the process of the designation of sanctions targets by the United Nations (UN) in the UK under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA 2018), Counter Terrorism Act 2008 (CTA 2008) and