UK Prime Minister Boris Johnson announces the “largest and most severe package of economic sanctions that Russia has ever seen” before Parliament and OFSI designates additional Russian entities and individuals as asset freeze...more
Today the UK government has adopted the “first barrage of UK economic sanctions against Russia” as UK Prime Minister Boris Johnson warned that Russian President Vladimir Putin is “bent on a full scale invasion of Ukraine”. UK...more
2/23/2022
/ Economic Sanctions ,
EU ,
Executive Orders ,
Exports ,
Financial Institutions ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
UK ,
Ukraine
The UK Government has strengthened its Russian sanctions legislation by extending its sanctions designation criteria to target Russian businesses and individuals in a wide range of economic and strategically significant...more
The Court of Justice of the EU has interpreted for the first time the Blocking Regulation. The ruling confirms that it is possible to terminate contracts with a US designated person without providing reasons. However, in...more
The EU has expanded the listing criteria for specific designations under the Belarus sanctions regime that targets those that facilitate illegal crossing of the EU’s external borders. In addition, the EU has adopted an...more
The European Union and the United Kingdom have each significantly expanded the scope of their sanctions against Belarus in response to the forced Ryanair aircraft landing in May. The new measures adopted target a significant...more
8/17/2021
/ Belarus ,
Belarus Sanctions ,
Dual Use Goods ,
Economic Sanctions ,
EU ,
European Investment Bank (EIB) ,
Export Controls ,
Exports ,
Military Goods ,
Popular ,
UK
On Christmas Eve, the United Kingdom and European Union finally agreed a trade deal – the Trade and Cooperation Agreement (TCA) – which will define the post-Brexit trading relationship between the European Union and United...more
1/7/2021
/ Country of Origin ,
Cross-Border Transactions ,
Customs ,
EU ,
Free Trade Agreements ,
Northern Ireland ,
Regulatory Standards ,
Tariffs ,
Trade Policy ,
Trade Relations ,
UK ,
UK Brexit
Governments all over the world are continuing to take steps to strengthen their powers to intervene in foreign direct investments ("FDI") into their countries. These changes come at a time of increased scrutiny of foreign...more
The disruption linked to COVID-19 already affects the global economy significantly, including M&A transactions in Europe and across the globe. On the regulatory side, many deals face challenges caused by national authorities'...more
What lies ahead for the UK's future trading relationship with the EU and the US?
Following the Conservative Party's landslide victory in the UK general election, which Boris Johnson won on a promise to "get Brexit done",...more
12/17/2019
/ Cross-Border Transactions ,
EU ,
Exports ,
Foreign Relations ,
Imports ,
Trade Negotiations ,
Trade Relations ,
Trump Administration ,
UK ,
UK Brexit ,
US Trade Policies
The EU regime for controlling the exports from the EU of products and/or technology that can be used for both civil and military purposes (dual-use items) is now 10 years old. As a result of the changes in technology and...more