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The Russia (Sanctions) (Overseas Territories) (Amendment) (No. 3) Order 2022

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Amendment of the Russia (Sanctions) (Overseas Territories) Order 2020

17.  In paragraph 78, in the inserted text, after sub-paragraph (n), insert—

(o)in paragraph 18(2) (diplomatic missions etc.), for “diplomatic mission or consular post of Russia in the United Kingdom” substitute “consular post of Russia in the Territory”;

(p)in paragraph 19 (safety and soundness of a firm), for “the relevant supervising authority or authorities, that is necessary or expedient in order to promote the safety and soundness of a firm which is supervised by the Bank of England, the Prudential Regulation Authority or the Financial Conduct Authority” substitute “the authority responsible for the regulation of financial services in the Territory, that is necessary or expedient in order to promote the safety and soundness of a firm which is supervised by that authority;”

(q)in paragraph 20 (space), for “United Kingdom person” substitute “Territory person”.

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