UK foreign secretary Liz Truss is pushing for emergency legislation to speed up the process of sanctioning Russian oligarchs with links to President Vladimir Putin following the invasion of Ukraine.
Truss hopes to reduce the evidence threshold for proving an individual’s links to the Kremlin and introduce measures to make it easier to designate groups of individuals more quickly, according to government officials.
For years the UK has been accused of serving as a “laundromat” for “dirty” Russian money and illicit financing. Truss’s move comes as pressure mounts on the government to ratchet up sanctions against Putin’s associates as the US and EU target a greater number of individuals.
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