UK SANCTION HOW AND WHY THEY ARE USED - Case study 3: Global Anti-Corruption - April 2021
20/01/2022
On 26 April 2021, The UK GOV launched the new Global Anti-Corruption sanctions regime, a significant step forward for the UK's global leadership in combatting corruption worldwide and promoting fair and open societies.
The new sanctions regime allows the Government to impose asset freezes and travel bans on those involved in serious corruption worldwide. And It sends a message that the UK will not tolerate those individuals or the proceeds of corruption coming into our country.
The measure and regime:-
- Were taken in alliance with the US, which also announced sanctions against those involved in corruption.
- Scope is deliberately targeted, so the UK can effectively sanction corrupt actors and their enablers.
The UK GOV made immediate use of this new tool on 26 April 2021 and announced designations of 22 individuals who have been involved in serious corruption from 6 countries.
On 22 July 2021, The UK GOV took further action to combat corruption around the world and announced the second set of Global Anti-Corruption sanctions designations on five individuals involved in serious corruption in
- Equatorial Guinea,
- Zimbabwe,
- Venezuela and
The UK GOV will continue to pursue designations to prevent and combat severe corruption and promote our values around the world
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.