Sanctions: Assets Seizure

Part of Justice – in the House of Commons on 22nd March 2022.

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Photo of James Cartlidge James Cartlidge Parliamentary Under Secretary of State (Ministry of Justice) , Assistant Whip

The hon. Gentleman is right that we need to legislate effectively and that is why we will take time to get the detail right on property while prioritising further action as far as we can. To be clear, in the past week the Government have passed the Economic Crime (Transparency and Enforcement) Act 2022, established a register of beneficial ownership, and sanctioned more than 1,000 individuals and entities. The Deputy Prime Minister explained in answer to the first set of questions the action he is taking at the International Criminal Court to ensure that it can fully investigate Russian war crimes, but I accept that more might need to be done.