These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c.13) to establish a sanctions regime in relation to the Republic of Guinea-Bissau for the purpose of encouraging the abandonment of actions that undermine the peace, security or stability of the Republic of Guinea-Bissau. Following the UK's withdrawal from the European Union, these Regulations replace the EU sanctions regime in relation to the Republic of Guinea-Bissau, implemented via an EU Council Decision and Regulation.