OpenLegislation

Introductory text

Original text. Later amendments are not shown.

This Statutory Instrument has been published to correct errors in S.I. 2025/504 and is being issued free of charge to all known recipients of that Statutory Instrument.

Regulations made by the Secretary of State, laid before Parliament under section 55(3) of the Sanctions and Anti-Money Laundering Act 2018 (c. 13), for approval by resolution of each House of Parliament within twenty-eight days beginning with the day on which the instrument is made, subject to extension for periods of dissolution or prorogation or during which both Houses are adjourned for more than four days.

SANCTIONS

Made 18th May 2026

Laid before Parliament 19th May 2026

Coming into force 20th May 2026

The Secretary of Statef1, considering the condition in section 45(2) of the Sanctions and Anti-Money Laundering Act 2018f2 is met, makes the following Regulations in exercise of the powers conferred by sections 1, 3(1)(b)(ii) and (d)(ii), 5, 7(1)(c)(iii) and (e)(iii), 9(2)(a), 10(2), 14(1), (6)(a) and (8), 15, 17, 19, 20, 21(1), 45(1)(b), 54(2) of, and paragraphs 2(b), 3(a), (b) and (e), 4(b), (c) and (d), 6(a)(ii) and (b), 7, 11(a)(ii), 13(b), (c), (f), (h), (i), (m), (n), (q) and (w), 14(a), (f), (j) and (k), 17(d) and 20 of Schedule 1 to, that Act.

Annotations

Footnotes

f1

The power to make regulations under Part 1 of the Sanctions and Anti-Money Laundering Act 2018 (c. 13) is conferred on an appropriate Minister. Section 1(9)(a) of the Act defines an “appropriate Minister” as including the Secretary of State.

f2

2018 c. 13. Sections 1(5) and 15 are amended by the Economic Crime and Corporate Transparency Act 2023 (c. 56) (“the 2023 Act”), section 35(2) and (5). Section 17 is amended by the Sentencing Act 2020 (c. 17), Schedule 24, paragraph 443(1), the 2023 Act, section 214(3) and by S.I. 2022/500 and S.I. 2023/149. Sections 1 and 45 are amended by the Economic Crime (Transparency and Enforcement) Act 2022 (c. 10), sections 57 and 62.