Sir Keir Starmer said the move would cripple the ‘illicit finance rings’ powering people smuggling operations.
The UK government is planning a world-first sanctions regime specifically targeting financial networks involved in people smuggling. This initiative aims to cripple the financial resources of these criminal organizations, making it harder for them to operate and exploit vulnerable individuals seeking to cross the English Channel. The regime will likely involve asset freezes and travel bans on individuals and firms suspected of involvement in people smuggling activities.
The UK government emphasizes international collaboration to combat this transnational issue and plans to discuss the initiative with allies, including France.
The UK government is planning a world-first sanctions regime specifically targeting financial networks involved in people smuggling. This initiative aims to cripple the financial resources of these criminal organizations, making it harder for them to operate and exploit vulnerable individuals seeking to cross the English Channel. The regime will likely involve asset freezes and travel bans on individuals and firms suspected of involvement in people smuggling activities. The UK government emphasizes international collaboration to combat this transnational issue and plans to discuss the initiative with allies, including France.
