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The UK could be complicit in war crimes in Gaza and could face legal action if it does not do more to “restrain” Israel, Tory MP Crispin Blunt has warned.

The International Centre of Justice for Palestinians (ICJP) – of which Mr Blunt is co-director – announced it has written a notice of intention to prosecute UK government officials for “aiding and abetting war crimes in Gaza”.

The move comes in response to Israel’s warning for 1.2 million people living in the northern part of the Gaza Strip to immediately leave their homes and move south.

Israel launches first ground missions in Gaza – Israel-Hamas war latest

Mr Blunt told Sky News he is “not sure [his] colleagues have grasped the legal peril they are in” and “everyone must act to restrain people” if they know war crimes are going to happen.

“If you know that a party is going to commit a war crime – and this forcible transfer of people is a precise breach of one of the statutes that governs international law and all states in this area – then you are making yourself complicit,” he said.

“And as international law has developed in this area, the fact of being complicit makes you equally guilty to the party carrying out the crime.”

More on Israel

In response, the Foreign Office said on Saturday that Israel has a “right to defend itself”, but added the country should take “all possible measures to protect ordinary Palestinians and facilitate humanitarian aid”.

The Israeli Defence Force has ordered 1.1 million people currently north of the Wadi Gaza bridge to move south
Image:
The Israeli Defence Force has ordered 1.1 million people currently north of the Wadi Gaza bridge to move south

Palestinian ‘children killed’

Israel continues to pound densely-populated Gaza despite warnings over civilian casualties – with authorities saying 1,900 Palestinians, including 583 children, have been killed.

Israel appears to be gearing up for a ground offensive in response to a violent attack launched by Hamas a week ago, during which hundreds of civilians and soldiers were killed and more than 100 people taken hostage.

The Israelis have also blocked the entry of goods into Gaza – which is home to 2.3 million people – and cut off electricity, leaving emergency services dangerously low on fuel.

And with the Egyptian border still closed and no humanitarian corridor agreed, Gazans can only flee further south through two main roads.

‘Where does this lead?’

“Of course our hearts all go out to the state of Israel and the people there for the appalling atrocity committed,” Mr Blunt said.

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The Israeli army has ordered people to leave the north of Gaza within 24 hours, with a possible ground offensive looming.

“But what we’re not allowed is witness one crime being piled on with another, which is going to make the situation worse but is also fundamentally wrong.”

He added Israel has “had a deal of exceptionalism and impunity from international law for a very long time now” and urged the UK to back UN calls for a ceasefire and lifting the total blockade.

“This has got to stop,” Mr Crispin said. “If in response to the atrocity of last Saturday is an illegal atrocity that is even worse in scale – where does this lead?”

Read more:
Sean Bell: Hamas is being used as a pawn
Arab-Israeli family want Gaza ‘flattened’ after brother killed by Hamas
Gaza: Why 24-hour evacuation is ‘impossible’

Asked about the evacuation call, Israeli Defence Forces (IDF) Lieutenant Colonel Peter Lerner told Sky News “people are adhering and listening”.

“We are continuing to increase our activities,” he said, adding it is important to “remember where we were just one week ago”.

“We were in the midst of this massacre taking place in our towns and we are determined to make sure this never happens again. Our mission now is to strike Hamas wherever they are.”

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Sky’s Defence and Security editor, Deborah Haynes, has visited the Be’eri kibbutz, close to Gaza, where more than 100 people were killed by Hamas, as devastated families still hope for the safe return of those who went missing.

Questioned on whether Israel should rethink the policy to evacuate people in such a short space of time, he added the IDF was “determined [to end] Hamas’s capabilities and safeguard the people of Israel”.

Britain’s position ‘bringing flamethrower’ to situation

As Downing Street remains steadfast in its support for Israel, the UK’s political leaders have been accused of giving Israel the green light to attack Hamas without regard to international law.

Francesca Albanese, the United Nations Special Rapporteur on the Occupied Palestinian Territories, criticised the UK government for giving Israel a “carte blanche” by asserting it “has the right to defend itself”.

She told Sky News on Thursday: “[The UK has] already given Israel carte blanche to do whatever it pleases, because look at the annexation that has been announced officially this year of large swathes of the West Bank.”

“Has anyone reacted to this? Not that I know of, other than in words and half-mouthed condemnations here and there.”

Daniel Levy, a former negotiator for Israel under the Labour government of Ehud Barak, accused Britain of “rather than bringing a fire extinguisher, bringing a flamethrower” to the situation so far.

He told Sky News last week there was a “missing part of the sentence, in ‘Israel has the right to defend itself – while respecting international law, international humanitarian law, laws of war and otherwise’.”

A spokesperson for the Foreign Office said Israel suffered a “shockingly brutal terrorist attack” and that only Hamas is “responsible for the conflict”.

“We support Israel’s right to defend itself and to take action against terrorism. Unlike Hamas, Israeli President Herzog has said their armed forces will operate in accordance with international law,” they said.

“Given that Hamas has embedded itself in the civilian population in Gaza, it’s important that Israel takes all possible measures to protect ordinary Palestinians and facilitate humanitarian aid.”

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SEC tokenized stock exemptions should be targeted, stock exchanges argue

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SEC tokenized stock exemptions should be targeted, stock exchanges argue

The US Securities and Exchange Commission shouldn’t grant broad regulatory relief to crypto companies launching tokenized stock offerings, a stock exchange advocacy group has argued. 

The World Federation of Exchanges (WFE) said in a Nov. 21 letter to the SEC that it was “alarmed at the plethora of brokers and crypto-trading platforms offering or intending to offer so-called tokenized US stocks.”

“These products are marketed as stock tokens or the equivalent to stocks when they are not,” the group said. “This development poses multiple and interconnected risks.”

Multiple crypto exchanges are seeking to offer tokenized stocks in the US, allowing investors to buy exposure to public companies without owning shares. They’re touted as having faster settlements compared to stock exchanges and can be traded at any time, not just during market hours.

Crypto companies that aren’t SEC-registered broker-dealers would have to get an exemption from the agency, and its chair, Paul Atkins, has floated granting one.

Tokenized stock exemption relief must be “targeted,” group says

The WFE, which counts Cboe and the Nasdaq as members, said it supports the SEC using exemptive relief, but it is “concerned that the broad use of such relief presents risks to investors and market integrity.”

“We simply believe that this authority is most effective when exercised in a targeted manner and not applied as a means to circumvent or fast-track exemptions to longstanding regulatory requirements,” it added.

Paul Atkins addressing an SEC Crypto Task Force roundtable on tokenization in May. Source: YouTube

The WFE said tokenization “is likely a natural evolution in capital markets” and that it was “pro-innovation,” but that it “must be done in a responsible way that does not put investors or market integrity at risk.”

The group said it would be better for the SEC to make a public rule filing to garner feedback rather than to “seek to make large-scale changes with exemptive relief.”

“Alternatively, the Commission could consider the creation of a sandbox regime or other innovation facilitator,” it added.

In August, the WFE urged the SEC, the European Securities and Markets Authority and the International Organization of Securities Commissions for stricter oversight of tokenized stocks, arguing they lacked investor protections. 

SEC weighs exemptions for tokenized stocks 

Atkins, a former crypto lobbyist, has said he’s considering an “innovation exemption” to relieve crypto firms from certain regulations, thereby speeding up the process of bringing crypto and blockchain products to market. 

Related: Tokenized money market funds surge to $9B, BIS warns of new risks

“An innovation exemption could help fulfill President Trump’s vision to make America the crypto capital of the planet by encouraging developers, entrepreneurs, and other firms that are willing to comply with certain conditions to innovate with onchain technologies in the United States,” he told a group of crypto executives at a meeting in June.