U.K. Aims Economic Crime Bill at Russian Oligarchs

The UK is under pressure to sanction Russian oligarchs following Moscow's invasion of Ukraine. Roman Abramovich, owner of Chelsea Football Club, is selling his assets in London. The UK government is introducing an economic crime bill to enforce transparency in asset ownership and setting up an oligarch task force. Despite these efforts, critics argue the UK is not as aggressive as Europe and the US in sanctioning oligarchs.

What action is Roman Abramovich taking in response to the pressure on Russian oligarchs?

• He is investing in new businesses in the UK.

• He is moving his assets to Russia.

• He is selling Chelsea Football Club and other properties.

• He is buying more properties in London.

Why is Roman Abramovich a significant figure in the UK regarding Russian oligarchs?

• He is the wealthiest person in the UK.

• He has been sanctioned by the UK government.

• He has political influence in the UK government.

• He owns Chelsea Football Club, a symbol of Russian investment in the UK.

What is the purpose of the economic crime bill introduced by the UK government?

• To increase taxes on foreign investments.

• To enforce transparency in asset ownership and prevent hiding behind shell companies.

• To provide tax benefits to foreign investors.

• To encourage more Russian investments in the UK.

What is the UK government setting up to address the issue of Russian oligarchs?

• A task force to manage economic growth.

• A new football league.

• A committee to promote Russian investments.

• An oligarch task force to mirror sanctions seen in Europe and the US.

How does the UK government's approach to sanctioning Russian oligarchs compare to Europe and the US?

• The UK has sanctioned more oligarchs than Europe and the US.

• The UK has not sanctioned any oligarchs.

• The UK has sanctioned the same number of oligarchs as Europe and the US.

• The UK has sanctioned fewer oligarchs than Europe and the US.