Reed Smith Client Alerts

We will write soon about changes to the Sanctions and Anti-Money Laundering Bill that the UK government is preparing in response to allegations of a Russian nerve agent attack. For now, readers interested in financial sanctions should note that, as a response to the attempted murder of Sergei and Yulia Skripal, Russian state assets could possibility be frozen, and perhaps other measures, in the months to come.

Speaking today in the House of Commons, the Rt. Hon. Theresa May MP and Prime Minister of the United Kingdom confirmed the UK’s government’s view that the Russian state was culpable for the attempted murder of the Skripals and threatening the lives of other British citizens in Salisbury, including Detective Sergeant Nick Bailey who provided first aid to them.