UK Parliament Rushes Through Economic Crime Reforms in Response to Ukraine Invasion

UK Parliament Rushes Through Economic Crime Reforms in Response to Ukraine Invasion
A bus goes past the Houses of Parliament and the Big Ben in London on Dec. 29, 2021. Hollie Adams/AFP via Getty Images
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New laws to tackle “dirty money” in the UK have been fast-tracked through Parliament in a bid to target Russian oligarchs over the Ukraine invasion.

Royal assent was granted for the Economic Crime (Transparency and Enforcement) Act as the Houses of Parliament sat beyond midnight to ensure the measures became law.