header-logo header-logo

Home Login E-newsletter About us

Assessing the UK sanctions regime

© Copyright LexisNexis 2026. All Rights Reserved.
13 January 2023 / Cameron Brown KC , Olivia Haggar
Issue: 8008 / Categories: Opinion , Sanctions , Fraud , Criminal , International justice
printer mail-detail
With coffers depleted after months of costly war in Ukraine, where are we with UK sanctions? Cameron Brown KC & Olivia Haggar assess the new regime

It was a poorly-kept secret that the UK had fast become a haven for ‘dirty money’ flowing in from overseas jurisdictions. The Russian invasion of Ukraine brought this to the forefront of politics.

In a hurried response to the conflict, the government announced the Economic Crime (Transparency and Enforcement) Act 2022 (EC(TE)A 2022), which was expedited through Parliament and came into force on 15 March 2022. EC(TE)A 2022 introduced new powers, which joined the roster of other powers such as unexplained wealth orders (UWOs) and civil orders, and sought to toughen up the existing legislative framework for tackling economic crime.

One of the key changes introduced by EC(TE)A 2022 is the Register of Overseas Entities. Overseas entities that own (from 1 January 1999 in England and Wales) or wish to buy, sell, let or grant security over qualifying property

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
Clarke Willmott—Declan Goodwin & Elinor Owen

Clarke Willmott—Declan Goodwin & Elinor Owen

Corporate and commercial teams in Cardiff boosted by dual partner hire

Hill Dickinson—Joz Coetzer & Marc Naidoo

Hill Dickinson—Joz Coetzer & Marc Naidoo

London hires to lead UK launch of international finance team

Switalskis—11 promotions

Switalskis—11 promotions

Firm marks start of year with firmwide promotions round

NEWS
Read All
NLJ this week: The legal aid pioneer who changed the profession
Peter Kandler’s honorary KC marks long-overdue recognition of a man who helped prise open a closed legal world. In NLJ this week, Roger Smith, columnist and former director of JUSTICE, traces how Kandler founded the UK’s first law centre in 1970, challenging a profession that was largely seen as 'fixers for the rich and apologists for criminals'
NLJ this week: When AI hallucinates, lawyers risk real-world sanctions
The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools
NLJ this week: Next gen wealth planning meets modern family reality
The next generation is inheriting more than assets—it is inheriting complexity. Writing in NLJ this week, experts from Penningtons Manches Cooper chart how global mobility, blended families and evolving values are reshaping private wealth advice
NLJ this week: Game on as AI reshapes sport
Artificial intelligence (AI) is rapidly transforming sport, from recruitment and training to officiating and fan engagement. Writing in NLJ this week, Professor Dr Ian Blackshaw of Valloni Attorneys at Law explains how AI now influences everything from injury prevention to tactical decisions, with clubs using tools such as ‘TacticAI’ to gain competitive edges
NLJ this week: Stuck in the past?
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
Copyright © 2026 LexisNexis
back-to-top-scroll