Global anti-corruption sanctions: guidance

ThisThe guidanceGlobal assistsAnti-Corruption peopleSanctions inRegulations implementing2021, and complyingcertain withother regulations, are in force to meet the GlobalUK’s Anti-Corruptionpolicy objectives. 

This Sanctionssummary Regulationsgives 2021.a Itquick coversoverview of the prohibitionssanctions andin requirementsplace imposedunder by the regulations. regime. It alsois providesnot comprehensive and is not a replacement for the statutory guidance onor bestthe practiceregulations for:themselves. 

• complying

  Summary 

  Regime withis thelimited prohibitionsin andscope requirements

• enforcingto them
• circumstancessanctions wheretargeting theydesignated dopersons notonly. 

  Designated apply

TheseThe UK regulationsSanctions haveList tells replacedyou who is designated under the Misappropriationregime (Sanctions)and (EUwhich Exit)sanctions Regulationshave 2020been concerningapplied misappropriationto ofthem. StateA fundsdesignated fromperson anycan countrybe outsidean theindividual, UK.a business or an organisation. 

ThisThe statutory guidance shouldlists bein readdetail alongsidethe moresanctions detailedthat sanctionscan guidanceapply publishedin byrespect departmentsof includingdesignated thepersons, Homeincluding: 

• an Officeasset freeze on their funds and HMother Treasury,assets 
• making throughavailable thefunds Officeor economic resources to them or for their benefit 
• director disqualification 
• immigration sanction (travel ban) 

Sanctioned goods and services  

There are no sanctions that apply in respect of Financialgoods Sanctionsand Implementationservices (OFSI).under this regime.