British Overseas Territories

Foreign, Commonwealth and Development Office written question – answered on 1st June 2022.

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Photo of Richard Holden Richard Holden Conservative, North West Durham

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps the Government is taking to help ensure that British Overseas Territories are not being used to circumvent sanctions.

Photo of Amanda Milling Amanda Milling Minister of State (Foreign, Commonwealth and Development Office)

The Government is proud of the principled stand that the Overseas Territories have taken in relation to implementing sanctions. UK sanctions apply in all Overseas Territories. The elected leaders of the Territories have publicly confirmed their commitment to continuing to uphold the highest international standards of transparency and accountability and to fully implementing the UK sanctions against Russia. The Government will continue to provide guidance and support on implementation of sanctions where appropriate. Additionally, the UK's Office of Financial Sanctions Implementation, which sits within HM Treasury, engages regularly with Overseas Territories on compliance, enforcement and licensing. This engagement has assisted these jurisdictions in improving the implementation of financial sanctions across the wider British Family.

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