Anti-Financial Crime & Financial Crime Compliance
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British MPs reveal tougher sanctions following criticism

By Alisha Houlihan for AMLi

The British Government has announced several moves to strengthen the UK sanctions regime in the wake of widespread criticism that it has been too slow to act compared to the EU and US.

A cross-party group of MPs voted in support of former Tory cabinet minister David Davis’s amendment to the Economic Crime Bill which would amount to the toughest action yet taken to curb illicit Russian cash in the UK.

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