You were wondering about the “urgent procedure” in that massive Russia update to the UK Consolidated List? Well, Foreign Secretary Truss confirmed my suspicions:
The vast majority of today’s designations are made possible under the Economic Crime (Transparency and Enforcement) Act, which has Royal Assent. This has given the government new powers to act in the public interest and immediately designate individuals and entities under an urgent procedure, while evidence is gathered to sanction them under our own standard procedure.
Categories: Economic Crime (Transparency and Enforcement) Act Foreign Secretary statements Russia sanctions UK Updates
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