Subject	Predicate	Object
3EonoCpy	a	Resource
		Answer
		Written answer
	answer has question	EaOCPd0e
	answer has answering person	Kevin Paul Hollinrake
	answer text	<p>The Economic Crime and Corporate Transparency Bill, which is currently in Committee stage in the House of Lords, will create a completely new type of sanctions measure in the Sanctions and Anti-Money Laundering Act 2018 called ‘director disqualification sanctions’. It will be an offence for a designated person subject to this new measure to form a UK company, or to act as a director or otherwise be involved in the company’s promotion or management.</p><p> </p><p>It will be for the Foreign Secretary to decide when and how to deploy the measure, alongside the full suite of other sanctions measures.</p>
	answer given date	2023-05-03
	answer has answering body	Department for Business and Trade
	written answer has answering body	Department for Business and Trade
Department for Business and Trade	answering body has written answer	3EonoCpy
Department for Business and Trade	answering body has answer	3EonoCpy
EaOCPd0e	question has answer	3EonoCpy
Kevin Paul Hollinrake	answering person has answer	3EonoCpy