HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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The Sanctions and Anti-Money Laundering Act 2018 (SAMLA) will enable sanctions to continue uninterrupted when the UK leaves the EU.
Under the new framework, any existing financial sanctions licence issued by the Treasury will remain valid until:
or
or
In the event of a no-deal Brexit, the following will be the case if applying for a licence or an amendment to an existing licence:
Up to EU Exit
After EU Exit
There will be differences between EU retained law regimes and SAMLA regimes. To ensure you stay updated on which law applies and when, the Foreign and Commonwealth Office publishes updates.