The United Kingdom has in place a new global anti-corruption sanctions regime, and the government is wasting no time enforcing it, imposing its first wave of sanctions against 22 individuals Monday.
The new regime gives the United Kingdom “unprecedented power” to stop criminals profiting from the U.K. economy and exploiting citizens, the U.K. government said. Corrupt actors—particularly those involved in bribery and misappropriation—will no longer be able to channel dirty money through U.K. banks or enter the country, Foreign Secretary Dominic Raab touted in a press release.
