UK parliament questions about the effectiveness of sanctions against Russia in the Cayman Islands.
28/03/2025
On March 27, 2025, Wendy Morton MP inquired about the effectiveness of sanctions against Russia in the Cayman Islands.
In response, Stephen Doughty, the UK Minister of State for the Foreign, Commonwealth and Development Office, emphasised the UK's commitment to ensuring that sanctions are effectively implemented in all overseas territories, including the Cayman Islands.
He highlighted ongoing cooperation with the Cayman Islands government to monitor and enforce these sanctions, ensuring they contribute to the broader international effort to pressure Russia
The questions and answers were as follows
- Wendy Morton Conservative Aldridge-Brownhills Commons
- To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what discussions he has had with his counterpart in the Cayman Islands on the effectiveness of (a) the implementation of sanctions against Russia and (b) the delivery of Operation Hektor.
- Stephen Doughty Labour Cardiff South and Penarth Commons Answered on 26 March 2025
- The effective implementation of sanctions against Russia is a UK Government priority.
- The British Overseas Territories' critical role was discussed at the November 2024 Overseas Territories Joint Ministerial Council.
- I also thanked the Premier of the Cayman Islands for their continued collaboration, where Cayman has frozen assets worth approximately US$8.35 billion.
- Operation Hektor coordinates sanctions work across the Cayman Islands Government and is an excellent example of best practice.
- We recently convened sanctions experts from across the Overseas Territories to share best practices and strengthen collective efforts.
References
[1] Written questions and answers - Written questions, answers and ... https://questions-statements.parliament.uk/written-questions/detail/2025-03-18/38999
The Team
Meet the team of industry experts behind Comsure
Find out moreLatest News
Keep up to date with the very latest news from Comsure
Find out moreGallery
View our latest imagery from our news and work
Find out moreContact
Think we can help you and your business? Chat to us today
Get In TouchNews Disclaimer
As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.
As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.