keep British overseas territories
Extends the Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 and certain provisions of the Sanctions and Anti-Money Laundering Act 2018 to British overseas territories, with specified modifications to various review and appeal procedures for designations.
Counter-terrorism sanctions represent a legitimate government function in protecting national security and the rule of law. While sanctions do restrict economic activity, their core purpose is not to micromanage markets but to deny resources to those engaged in terrorism. Deleting this Order would create security gaps and inconsistent application of counter-terrorism measures across British territories, potentially allowing terrorists to exploit gaps in the financial system. The modifications to review procedures appropriately balance security needs with procedural safeguards for those affected by designations.