October 1, 2019

Why we’re implementing Magnitsky’s Law

Once we have left the EU we will implement the ‘Magnitsky’ provisions of the Sanctions and Anti-Money Laundering Act 2018. That way, those responsible for human rights abuse are held to account with travel bans and asset freezes.

What is Magnitsky’s Law?

Magnitsky’s law provides for sanctions against corrupt officials who commit gross human rights abuse. A Magnitsky law would give the UK government the power to impose sanctions on people who commit gross human rights violations, and go further than existing legislation.

Why is it called the Magnitsky’s Law?

Sergei Magnitsky's grave

Russian lawyer, Sergei Magnitsky, discovered corruption by Russian officials but was arrested in 2008 after alleging specific Russian officials were involved in large-scale tax fraud. He subsequently refused to withdraw his testimony and died in prison in 2009, after repeatedly claiming mistreatment.

As a result, a campaign was started to have sanctions imposed on the officials involved. After a ‘Magnitsky Law’ was first passed by the United States, campaigns for Magnitsky laws have emerged across the world to punish those officials who misuse their position and commit human rights abuses.

This comes on the back of other Conservative human rights policies

Since coming to government, we have worked hard to make sure we protect the intrinsic value of human rights both at home and abroad.

We have worked with our allies to impose sanctions on those responsible for the Salisbury poisonings. This delivered on our vow to take tough action against the reckless and irresponsible activities of Russian military intelligence, which put innocent British citizens in serious danger in Salisbury.

We have also passed legislation like the Modern Slavery Act, to further combat inhumane treatment of people within the United Kingdom and abroad.

We will ensure that Global Britain is not a safe haven for those who profit from torturing others. Our actions as a government demonstrate our commitment to human rights.

Jeremy Corbyn opposes sanctions to promote human rights abroad

As part of an EU-wide policy, we imposed sanctions on Venezuela after a number of gross human rights abuses from Maduro and other figures. But Jeremy Corbyn attacked the government when we called for more sanctions on Venezuela, saying our call “for more sanctions on Venezuela is wrong. We oppose outside interference in Venezuela, whether from the US or anywhere else.”

This is despite his own Shadow Foreign Secretary, Emily Thornberry, saying she is a “great believer” in sanctions and that “there is much creative work that can be done.”

The Labour Party has no clear policy for punishing human rights abusers. By contrast, by pledging to pass a Magnitsky Act in Parliament, we have made clear that we will pass robust legislation to defend human rights outside of the European Union.

Region Labour's Pension Tax (£) Extra Months to Work
England 11,167 44
East Midlands 6,150 50
Greater London 12,871 45
North East 9,758 38
North West 6,835 47
South East 14,270 40
South West 7,407 45
West Midlands 10,729 41
Northern Ireland 13,718 35
Scotland 10,653 41
Wales 11,691 36
United Kingdom 11,253 43

Commenting, Therese Coffey, Secretary of State for the Department of Work and Pensions, said:

“Corbyn’s Pension Tax will see ten million savers facing a huge bill forcing them to delay their retirement for almost three and a half years.
“This is just one of the ways a Corbyn government would hammer hardworking people on top of his plans to hike up taxes by £2,400 a year, as well as the cost of his plan for unlimited immigration and the chaos of 2020 being dominated by two more referendums – one on Brexit and another on Scottish independence.
“Only Boris Johnson and the Conservative Party can get Brexit done with a deal, get parliament working again and turbocharge our economy to unleash Britain’s potential.”

Read more about how this Pension Tax will impact millions of savers (PDF)