Sir Robert Buckland has been working with the Adam Smith Institute to produce a major new report on Sanctions law reform. Sir Robert said: "I was delighted to work with Jasper Ostle of the ASI to come up with some clear proposals for the overdue reform of sanctions law, much of which is outdated, reactive and unresponsive to the realities of modern international conflict."
Entitled "Financial Five Eyes: Towards A New Sanctions Framework" the report in summary is as follows:
- The UK’s current sanctions regime is built for past threats and is unfit to address today’s complex global challenges;
- This paper calls for a modern, tiered sanctions system that can tackle new forms of aggression - from cyber-attacks to economic sabotage;
- By updating the legal definition of 'conflict,' the UK could take proportionate action against hostile actors;
- A smarter framework would distinguish between symbolic gestures and serious pressure, allowing for measured escalation when needed;
- Clear pathways for individuals and companies to disengage from hostile regimes would also make sanctions more effective and benefit the UK economy;
- This modern, flexible approach would strengthen the UK’s global influence and reassert its leadership in international sanctions policy.
A link to the full report is here: https://static1.squarespace.com/static/56eddde762cd9413e151ac92/t/6842d…
