UK Considering More Powers for Sanctions Violations Enforcement

Britain is considering approving new powers for enforcement of financial sanctions violations, according to a July 15 post on the EU Sanctions blog. The considerations, outlined in the United Kingdom’s 2019-2022 Economic Crime Plan, published in July, could give “private sector supervisors” power to “take enforcement action where there are deficiencies in sanctions implementation,” the post said. The U.K. will also investigate “whether powers to block listings on national security grounds would be appropriate,” the post said.