News story: Sanctions and Anti-Money Laundering Act receives Royal Assent

first_imgFor journalists Media enquiries Follow the Foreign Office on Instagram, YouTube and LinkedIn Follow the Foreign Secretary on Twitter @BorisJohnson and Facebook Follow the Foreign Office on Twitter @foreignoffice and Facebook Further information Following this news, Foreign Secretary Boris Johnson said: Royal Assent for the Sanctions and Anti-Money Laundering Act is an important moment for the UK. It is the first of the bills which prepares for life after our exit from the EU to complete its passage through Parliament. Thanks to this new law, once we have left the EU, we will have full control of our own sanctions policy again. That will give us the power to impose sanctions, including for human rights abuses. Sanctions are a key foreign policy and national security tool for the UK, and the new legislation will allow the UK to act in line with our own priorities, as well as with our international partners. It will also provide us with the power to amend and update anti-money laundering and counter-terrorist finance legislation, allowing the Government to keep pace with changing international standards and practices, and help to protect the UK from money laundering and terrorist financing. While we are leaving the EU, we are not leaving Europe, and we will continue to have shared values, interests, and threats with our European and international partners. This makes continued foreign policy cooperation, including on sanctions, in all our interests. I’m also proud that we have added a “Magnitsky amendment” to this legislation. The UK Government is committed to promoting and strengthening universal human rights, holding to account those responsible for the worst violations. This legislation also makes clear that individuals or entities can be sanctioned for the purposes of deterring, or providing accountability for, gross human rights abuses or violations. Email [email protected]last_img read more

Frontier plans industrial plot

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Vattenfall gathers blade squad

first_imgVattenfall has signed a Framework Agreement with two UK and one Danish company to provide up-tower blade maintenance and repair at the company’s wind farms for a minimum period of two years. The Swedish energy company selected GEV Wind Power, James Fisher Marine Services, and Danish Blade Service to provide the blade maintenance and repair services. The agreement will cover over 900 turbines at 50 wind farms across the UK, Denmark, Germany, the Netherlands, and Sweden. The sites are located both onshore and offshore. “The UK’s offshore wind industry is world-leading, and will make a crucial contribution to achieving the ambition of net zero carbon emissions by 2050. I’m delighted that these companies will share their services and experience in pursuit of this goal,” Danielle Lane, Vattenfall’s UK Country Manager, said. “The launch of the Offshore Wind Sector Deal in the UK last year has boosted investor confidence, because it defines a number of targets, which are to be achieved by the UK Government and the offshore wind sector. These targets cover offshore wind deployment, creation and security of tens of thousands of jobs, employing a more diverse and skilled workforce, and significant opportunities for UK businesses. Our collaboration with GEV Wind Power and James Fisher Marine Services, both based in the East of England, demonstrates our commitment to enable the untapped potential of UK companies in the renewables sector to be realised, and boosting local employment and economic regeneration.”last_img read more

Gfinity reveal details of Australian Elite Series

first_imgDetails of Gfinity’s first Elite Series in Australia have been revealed less than a week after Dominic Redmond was appointed CEO.The format will be a spitting image of the UK Elite Series, with the three titles remaining the same. Rocket League, Counter-Strike: Global Offensive and Street Fighter V will all be included again, and there’s $450,000 (AUD) (£250,000) on offer for the first season.As with the British iteration, the Challenger Series will provide the opportunity for aspiring esports stars to make their name and climb to the top of the leaderboard. From the top of the leaderboard players will have the opportunity to join one of the six teams competing, each of which will represent a major Australian city through the Elite Draft. Details of the Elite Series franchises are yet to be revealed, but it’s interesting that Gfinity has opted for a regional city approach. Additionally, there’s only six franchises compared to the eight in the UK so the approach is slightly different. There will be two Elite Series seasons in 2018, each lasting seven weeks and each week will be played in front of a live audience with a finals weekend for each game title.The coming weekend will mark the conclusion of the second season of the Elite Series in the UK. Last Friday saw Frenchmen Team EnVyUs scrape through a nail biter with exceL, winning in the final round to take the Street Fighter V crown. Next week will see the finals for both Counter-Strike: Global Offensive and Rocket League, with EnVyUs competing in the Counter-Strike as they bid to become the first franchise to win two titles in one season. Esports Insider says: The city approach is certainly an interesting one from Gfinity, so we’ll see how it goes. There’s six teams set to compete and the Challenger Series gets underway shortly. Registration is open already – so get involved.last_img read more