Stephen Doughty

Stephen Doughty

Labour (Co-op) — Cardiff South and Penarth

Speaking in the House of Commons on 15 May 2025

Debate

Sanctions Implementation and Enforcement

Contribution

The right hon. Gentleman knows the industry and these measures—of course, he also held senior roles in government that were responsible for these matters—so he will understand that I am not going to go into the technical details of every individual case. However, I can tell him that, for example, His Majesty’s Revenue and Customs has issued six compound settlements since 2022 against UK companies that have breached the Russia trade sanctions, for a total of £1,363,129. Those include a compound settlement in August 2023 for £1 million, so I feel absolutely justified in saying that avoiding sanctions does not pay, and I am committed to ensuring that we have more of these actions in future. Some of them will be public, while others will not be—a range of measures is in place. We are introducing new powers, particularly to find ways of settling cases in which companies have come forward and voluntarily disclosed, but equally so that those that do not do so will face penalties.

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