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UK announces the “largest and most severe package of economic sanctions that Russia has ever seen”

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

UK adopts fresh sanctions measures against five Russian banks and three high-net worth individuals

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

UK strengthens Russian sanctions legislation by extending its sanctions designation criteria

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

Blocking Regulation: The first step towards solving the conflict of laws between EU and US sanctions

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 broadens scope of sanctions on Belarus

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 EU and UK adopt additional comprehensive sanctions on Belarus

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

The UK-EU trade deal: What you need to know

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

Is national security a game changer for European foreign investment reviews and M&A transactions?

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

Europe doubling down on foreign takeovers amid COVID-19 crisis

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

Global Britain 2020 and a new UK Trade policy

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

EU trade controls rules on the move – What you need to know on classification changes and the upcoming modernisation of the EU...

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

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