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Abstract
On 31 January 2020, the United Kingdom did exit European Union following 23 June 2016 referendum whereby the majority decided to leave the EU; and signing of respective Withdrawal Agreement with that Union. In the way toward Brexit the Parliament passed in 2018 Sanctions and Anti-Money Laundering Act and following that the country has been creating a separate sanctions mechanism pending complete partition with the EU. Shortly before the Brexit polling of 2016 the Kingdom launched its own sanctions watchdog — Office of Financial Sanctions Implementation (OFSI). Following failure to restrain foreign corrupt officials, gross human rights violators, dictators, moneylaunderers etc. by way of Unexplained Wealth Order, the unilateral sanctions will allow the Government to do so by way of denying blocked persons from entering Britain. The UK sanctions policy will be closely coordinated with the EU rather than aligned. But shaping its own sanctions paradigm, the UK has had good options to choose: the EU with human rights as a paramount value despite its obligations stemming from articles 25 and 103 of the UN Charter; the USA, where its national security interests prevail over human rights; and Switzerland with its autonomous sanctions policy which is tending to align that of EU, but does so only if the Confederation consider it either expedient or rewarding. Nonetheless, the Great Britain is a long-standing unilateral user of trade restrictions and associated sanctions. It was the first that pursuing its foreign trade objectives during and between World Wars invented and introduced “black”, “grey” and “white lists”. Since it is the fifth World economy per GDP, none shall disregard its power and economy sanctions. This is why the authors would like to shed some light on UK current sanctions policy regulations before and past Brexit and to opine on its future development.