UK Parliament / Open data

Sanctions and Anti-Money Laundering Bill [HL]

My Lords, indeed this deals with some of the complexities faced by those operating for good reasons in areas where sanctions bite, and we

will be returning to these issues in a later group. We will then talk about guidance and how to ensure that it is easier for financial institutions to derisk.

Amendment 39 in my name is about the mutual recognition of licences and streamlining humanitarian licensing, while Amendment 42 deals with the problems that NGOs may run into if multiple authorisations are required. Amendment 43 is about reporting, because if there is a requirement for parliamentary reporting, that assists in terms of highlighting the issues that NGOs are running into. As I say, we will be returning to these issues in a later grouping.

About this proceeding contribution

Reference

788 cc445-9 

Session

2017-19

Chamber / Committee

House of Lords chamber
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