Explanatory note

These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Mali (Sanctions) (EU Exit) Regulations 2020 (S.I. 2020/705) (“the Mali Regulations”), the Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/573) (“the CT (International) Regulations”), and the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/577) (“the CT Regulations”).

These Regulations amend the Mali Regulations to remove provisions relating to the United Nations sanctions regime established under Resolution 2374 (2017)^f1 which expired on 31 August 2023.

These Regulations amend the Mali Regulations to include additional purposes for which the Secretary of State considers the Mali Regulations to be appropriate, and to specify additional activities for which a person may be designated

These Regulations amend the Mali Regulations, the CT (International) Regulations, and the CT Regulations, in order to make consequential amendments to the licensing provisions, following addition of provision for director disqualification licensing by the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2024 (S.I. 2024/644).

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen, and these Regulations are designed to reduce the burden on businesses, charities and other non-governmental organisations. An impact assessment was, however, produced for the Sanctions and Anti-Money Laundering Act 2018 and is available at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/653271/Sanctions_and_Anti-Money_Laundering_Bill_Impact_Assessment_18102017.pdf.