Connect with us

Published

on

Rishi Sunak has seen off a Tory rebellion after his controversial Rwanda bill passed its final hurdle in the Commons.

The bill, which aims to declare that Rwanda is a safe country to deport asylum seekers to, passed by 320 votes to 276 – a majority of 44 for the government.

In total only 11 Tory MPs voted against the bill, including former home secretary Suella Braverman, former immigration minister Robert Jenrick, Sir Bill Cash, Sir Simon Clarke, Sarah Dines, James Duddridge, Mark Francois, Andrea Jenkyns, David Jones and co-chairs of the New Conservatives, Danny Kruger and Miriam Cates.

Politics live: Threat of early election sees rebels help PM’s Rwanda plan clear vote
How did your MP vote on the bill? Find out here

Eighteen Conservative MPs abstained on the bill, including Lee Anderson – who resigned as deputy party chair in protest over the legislation yesterday – former prime minister Theresa May and veteran MP Sir John Hayes.

The bill’s passage came despite the threat of a revolt among Tory MPs, with seven initially saying they would vote against it at third reading, including Ms Braverman and Mr Jenrick.

Mr Sunak had been prepared for a collision with right-wing Tories over the bill, which is aimed at reviving his plan to send asylum seekers to Rwanda if they attempt to come to the UK via small boat crossings in the Channel.

The bill, which is designed to enable parliament to confirm Rwanda is a “safe country”, gives ministers the powers to disregard sections of the Human Rights Act, but does not go as far as allowing them to dismiss the European Convention on Human Rights (ECHR) entirely – a demand of some on the right.

However, speaking to Sky News’ political editor Beth Rigby, Sir Jacob Rees-Mogg, one of the rebels, said he ultimately decided to vote in favour of the bill because it was “better than the status quo”.

“After the difficulties of the last few days, the Tory party has come together,” he added.

“Almost everybody in the Tory party wants people who’ve come here illegally to be removed to Rwanda, that is a point of unity.”

Please use Chrome browser for a more accessible video player

Rwanda bill ‘complies with international law’

Although the bill has passed its third reading, one Tory source also told Sky News ahead of the vote that the prime minister was “by no means out of the woods”.

After passing the third reading in the Commons, the bill will now go through the same process in the House of Lords, where peers are expected to amend the legislation, which will then be debated and voted on.

A process known as parliamentary “ping pong” is likely to ensure when the legislation bounces between the Commons and Lords – where the government does not have a majority – while being amended.

During the debate on the legislation on Wednesday night, MPs considered a series of amendments designed to toughen up the bill before voting on the bill as a whole.

One, proposed by Mr Jenrick, demanded that rule 39 orders from Strasbourg judges should not be binding for the UK.

In June 2022 it was a rule 39 order – which have been referred to as “pyjama injunctions” for the late time at which they are often issued – that prevented the first flight to Rwanda from taking off.

While MPs overall rejected Mr Jenrick’s amendment by a majority of 469 votes, the rebellion was significant – with 67 MPs voting for it.

Read more:
Migrant crisis: Footage shows boat attempting to cross Channel

Battles on the backbenches – what are the different factions in the Conservative Party?

That included 61 Tory MPs, including the two tellers who verify the count, in an expression of their unhappiness with elements of the bill.

Downing Street had been engaging with MPs with doubts about the legislation after Mr Sunak suffered the resignation of three MPsMr Anderson and Brendan Clarke-Smith, deputy chairs of the Conservative Party, and Jane Stevenson, a parliamentary private secretary in the Department for Business and Trade.

The MPs resigned after they backed amendments put forward by veteran MP Sir Bill Cash and Mr Jenrick on Tuesday night.

A Number 10 spokesman said the passing of the bill “marks a major step in our plan to stop the boats”.

“This is the toughest legislation ever introduced in parliament to tackle illegal migration and will make clear that if you come here illegally you will not be able to stay,” they said.

“It is this government and the Conservative Party who have got boat crossings down by more than a third.

“We have a plan, we have made progress and this landmark legislation will ensure we get flights off to Rwanda, deter people from making perilous journeys across the channel and stop the boats.”

Continue Reading

Politics

Russia mulls relaxing crypto rules to blunt impact of Western sanctions

Published

on

By

Russia mulls relaxing crypto rules to blunt impact of Western sanctions

An official from the Bank of Russia suggested easing restrictions on cryptocurrencies in response to the sweeping sanctions imposed on the country.

According to a Monday report by local news outlet Kommersant, Bank of Russia First Deputy Governor Vladimir Chistyukhin said the regulator is discussing easing regulations for cryptocurrencies. He explicitly linked the rationale for this effort to the sanctions imposed on Russia by Western countries following its invasion of Ukraine in February 2022.

Chistyukhin said that easing the crypto rules is particularly relevant when Russia and Russians are subject to restrictions “on the use of normal currencies for making payments abroad.”

Russia banned the use of cryptocurrencies for payments in the summer of 2020.

Chistyukhin said he expects Russia’s central bank to reach an agreement with the Ministry of Finance on this issue by the end of this month. The central issue being discussed is the removal of the requirement to meet the “super-qualified investor” criteria for buying and selling crypto with actual delivery. The requirement was introduced in late April when Russia’s finance ministry and central bank were launching a crypto exchange.

The Bank of Russia, Moscow. Source: Wikimedia

Related: UK sanctions Kyrgyz banks, $9.3B crypto network tied to Russia

What is a super-qualified investor?

The super-qualified investor classification, created earlier this year, is defined by wealth and income thresholds of over 100 million rubles ($1.3 million) or an annual income of at least 50 million rubles.

This limits access to cryptocurrencies for transactions or investment to only the wealthiest few in Russian society. “We are discussing the feasibility of using ‘superquals’ in the new regulation of crypto assets,” Chistyukhin said, in an apparent shifting approach to the restrictive regulation.

Related: How a Russian national allegedly laundered $530M in crypto via Tether

Russia’s fight against sanctions

Russia has been hit with sweeping Western sanctions for years, and regulators in the United States and Europe have increasingly targeted crypto-based efforts to evade those measures.

In late October, the European Union adopted its 19th sanctions package against Russia, including restrictions on cryptocurrency platforms. This also included sanctions against the A7A5 ruble-backed stablecoin, which EU authorities described as “a prominent tool for financing activities supporting the war of aggression.”

Earlier in October, reports indicated that A7A5 — backed by the Russian ruble but issued in Kyrgyzstan — had become the world’s largest non-US-dollar stablecoin. In August, the US Treasury’s Office of Foreign Assets Control also redesignated cryptocurrency exchange Garantex Europe to its list of sanctioned entities for a second time.

Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice