Sanctions: Russia

(asked on 19th March 2018) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government whether they have made an assessment of whether those Russians listed by the United States Treasury Department on 30 January as potentially subject to United States sanctions for illegal activity, including those identified by the Anti-Corruption Foundation for wrongdoing under the UK Bribery Act 2010, are persons connected to companies listed on the London Stock Exchange.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 29th March 2018

The Government is aware of the recent report issued by the United States Treasury Department. This report is not a sanctions list and does not impose sanctions on individuals and entities listed in it.

The UK implements sanctions agreed at the UN, EU or those the Government put in place autonomously. Only a relevant prohibition contained in these sanctions will prevent a person from being connected to companies listed on the London Stock Exchange .

Allegations of illegal activity under the UK Bribery Act 2010 are a matter for the operationally independent Serious Fraud Office to investigate.

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