(This note is not part of the Regulations)

These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) ("the Sanctions Act").

The Regulations make amendments to a number of sanctions regulations which have been made under section 1 of the Sanctions Act.

The Regulations amend the following sanctions regulations to introduce a new power to designate persons for the purpose of disqualifying those persons from being a director of a company or directly or indirectly taking part in or being concerned in the promotion, formation or management of a company; namely -

- the Venezuela (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/135),

- the Republic of Guinea-Bissau (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/554),

- the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/600),

- the Zimbabwe (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/604),

- the Chemical Weapons (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/618),

- the Syria (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/792),

- the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855),