Financial Sanctions, UK freezing orders

Under the Anti-Terrorism, Crime and Security Act 2001, HM Treasury may issue a freezing order in respect of individuals, entities or organisations outside of the UK where there is reasonable belief that they have taken or are likely to take action which is:

• to the detriment of the UK economy
• a threat to the life or property of one or more nationals or residents of the UK

Current UK legislation

• Anti-Terrorism, Crime and Security Act 2001
• The Andrey Lugovoy and Dmitri Kovtun Freezing Order 2020