The British House of Commons will vote on Monday on regulations that will allow for faster and more effective sanctions against the Russian oligarchs and Russian companies operating in the UK, it was announced Sunday evening.
The government announced that it had introduced a series of amendments to the Economic Crimes Act that would “repress corrupt elites and increase pressure on the (Russian President Vladimir) Putin regime”. As we have made clear, the amendments that will be put to a vote on Monday will allow Britain to implement “tougher and faster sanctions, and will also allow us to adjust more easily with our allies”.
Prime Minister Boris Johnson said: “There is no sense in imposing sanctions if they are not implemented properly, and these changes will allow us to go after Putin’s allies in the UK with the full support of the law, without any doubt or questioning.”
As the British government asserts, after its invasion of Ukraine, Russia had already imposed the “largest package of sanctions in history” in connection with its invasion of Ukraine. Putin and Russian Foreign Minister Sergei Lavrov. However, at the same time, it is indicated that some oligarchy are still not subject to sanctions in the UK, although they were imposed by the European Union and the United States. (PAP)
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