Brainstorming point for the outline:
The elements of the UK legislative frameworks that may be considered:
The Foreign and Commonwealth Office (“FCO”) which is responsible for negotiating sanctions in the UN and in the EU.
The Department for Business Innovation and Skills (“BIS”) which has responsibility for trade sanctions.
HM Treasury which has responsibility of administering sanctions in the UK, compliance and issuing exemptions to prohibitions by way of license.
The Terrorist Asset-Freezing Act 2010 which provides a primary legislative basis for the UK’s domestic asset freezing regime.
The Financial Services Authority (“FSA”) which is responsible for ensuring that financial services firms have adequate systems and controls for compliance with the UK financial sanctions requirements.
The UN Security Council resolutions which are implemented by way of EU Regulations and UK Statutory Instruments, like:
o UNSCR 1373 (2001) which calls on all member states to act to prevent and suppress the financing of terrorist acts
o UNSCR 1267 (1999) which calls on all member states to freeze the funds and economic resources of any legal person(s) individuals and organisations in relation to their involvement with Usama Bin Laden, Al-Qa’ida, and the Taliban
o EC Regulation 2580/2001as amended ( which implements UNSCR 1373 )
o EC Regulation 881/2002 as amended ( which implements UNSCR 1267)
o The Counter Terrorism Act 2008
Make sure you don’t use too much of the paper describing the many UK
legislative frameworks involved and please make sure to leave enough
room for analysis and evaluation.
This paper is very timely or the current events and should provide some
great advice for corporations wanting to do business in Iran. The focus is
on Iran and there is a room to draw attention on Russian and Ukraine from
a comparative angle if the amount of information available on Iran is not
The attachments include :
o A file named “Good to
gives some background about UK financial sanctions as a start.
o Also another file named “Good to read evaluation
legislation_guide” which reflects a disciplined methodology for
evaluating and analyzing legislations in the EU. I think it is a good
guide, unless you think otherwise ?
o I also included sample recommended dissertations from my school
of law to reflect the standard and level of professionalism