The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024
UK Statutory Instrument 2024 No. 218 — creates 2 criminal offences.
- Made
- 26 February 2024
- In force from
- 1 March 2024
- Extent
- Not stated
- Subject
- International sanctions, export control and trade restrictions
- Made under
- Parliament under section 55(3) of the Sanctions and Anti-Money Laundering Act 2018, Sanctions and Anti-Money Laundering Act 2018
Explanatory note
(This note is not part of the Regulations) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.
These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (“the 2019 Regulations”). Regulation 2 creates new trade prohibitions in the 2019 Regulations relating to the import of certain diamonds which originate in Russia and are processed in a third country and ancillary activities relating to such imports. A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, public or voluntary sector is foreseen. A de minimis assessment has been prepared as this instrument is likely to entail some costs for businesses, but the net impact is estimated to be below £10 million per year.
Offences created by this instrument
- Financial services and funds relating to relevant processed diamonds regulation 46Z16T(3) · Status not determined · Strict liability
- Brokering services relating to relevant processed diamonds regulation 46Z16U(3) · Status not determined · Strict liability
What Parliament said about it
Contributions, debates and written statements mentioning this instrument by name. Parliamentary material is reused under the Open Parliament Licence v3.0.
- Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024
Commons · General Committees · 14 March 2024 · The Minister of State, Foreign, Commonwealth and Development Office (Anne-Marie Trevelyan)
I beg to move, That the Committee has considered the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 (S.I., 2024, No. 218). This statutory instrument contains measures to deter Russia from continuing its illegal invasion of Ukraine; specifically, it targets the key sources of revenue that Putin is using to execute the invasion. It was laid on 28 February 2024 under powers provided by the Sanctions and Anti-Money Laundering Act 2018, and entered into force on 1 March. It has been considered and not reported by the Joint Committee on Statutory Instruments. This regulations contain…
- Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 Commons · General Committees · 14 March 2024
- Business without Debate
Commons · Commons Chamber · 18 March 2024 · Mr Deputy Speaker (Sir Roger Gale)
Before I come to motions 4 to 13 on the Order Paper, I should draw the attention of the House to an error under item 11 in the printed version—it has been corrected online. The version of the Economic Crime and Corporate Transparency Act 2023 (Consequential, Supplementary and Incidental Provisions) Regulations 2024 that is before us today and that was considered by the Delegated Legislation Committee is the draft laid on 1 February 2024, not the draft laid on 10 January 2024, which has been withdrawn and replaced. Delegated Legislation Motion made, and Question put forthwith (Standing Order…
- Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 Lords · Grand Committee · 19 March 2024
- Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024
Lords · Grand Committee · 19 March 2024 · Lord Ahmad of Wimbledon
That the Grand Committee do consider the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024.
- Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 Lords · Lords Chamber · 20 March 2024
How Parliament handled it
Both Houses had to approve this instrument before it could take effect, and did so.
- Procedure
- Made affirmative — both Houses had to approve it
- Could either House amend it?
- No. A statutory instrument is put to each House as a whole thing, to be approved or not. Neither House can change a word of it.
Procedural history
- Instrument created 26 February 2024
- Instrument made (signed into law) 26 February 2024
- Laid before the House of Commons 28 February 2024 · Commons
- Laid before the House of Lords 28 February 2024 · Lords
- Motion to approve the instrument tabled by the Government 28 February 2024 · Commons
- Instrument comes into force as law 1 March 2024
- Considered by the Secondary Legislation Scrutiny Committee (SLSC) 12 March 2024 · Lords
- No comment by the Secondary Legislation Scrutiny Committee (SLSC) 12 March 2024 · Lords
- Motion to approve the instrument tabled by the Government 12 March 2024 · Lords
- Considered by the Joint Committee on Statutory Instruments (JCSI) 13 March 2024 · Commons, Lords
- Not drawn to the special attention of the Houses by the Joint Committee on Statutory Instruments (JCSI) 13 March 2024 · Commons, Lords
- Delegated Legislation Committee (DLC) debate 14 March 2024 · Commons
- Question put on motion to consider the instrument 14 March 2024 · Commons
- Motion to consider the instrument approved 14 March 2024 · Commons
- Question on motion to approve the instrument put 18 March 2024 · Commons
- Instrument approved 18 March 2024 · Commons
- Grand Committee debate 19 March 2024 · Lords
- Question put on motion to consider the instrument 19 March 2024 · Lords
- Motion to consider the instrument approved 19 March 2024 · Lords
- Question on motion to approve the instrument put 20 March 2024 · Lords
- Instrument approved 20 March 2024 · Lords
- Instrument remains law 20 March 2024
- Procedure concluded in the House of Commons and the House of Lords 20 March 2024 · Commons, Lords
- Approval period ends 24 March 2024
From Parliament's Statutory Instruments service. Parliamentary material is reused under the Open Parliament Licence v3.0.
Check the source
- This instrument on legislation.gov.uk The authoritative text, including amendments made since
- Other instruments from 2024