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Brexit: The Clock is Ticking

The risk of a no agreement ‘cliff-edge’ is growing and the prospects for a transitional agreement, while somewhat improved, remain uncertain. The groundwork in Whitehall and the negotiations in Brussels have made only limited...more

Resolving Cross-Border Disputes Post-Brexit: UK Position Paper

Businesses and consumers need certainty over the laws that underpin trading across the borders of the EU and the millions of contracts they make each day which currently benefit from the legal certainty membership of the EU...more

Brexit: A Softer Brexit Back on the Table?

The result of the UK’s general election on 8 June has reignited speculation that the UK government might pursue a softer Brexit. In this update, we provide a reminder of the main “softer” Brexit models which had previously...more

Reminder: Modern Slavery Statement Deadline

A gentle reminder for all those with a turnover above £36 million and doing business in the UK. ...more

Brexit: The EU's Negotiating Directives

The European Commission has published draft objectives for the first phase of the Brexit negotiations, focused on citizens' rights, the financial settlement and a continuing role for the European Court of Justice (ECJ). This...more

Brexit: The Implications of the UK General Election

The UK will hold a General Election on 8 June. While this will mean that the ongoing work of the Government on Brexit will be put on hold, the two-year deadline for the negotiations continues to draw closer....more

4/24/2017  /  General Elections , UK , UK Brexit

Brexit: Article 50 Triggered

The UK Government today formally triggered the process of leaving the EU by invoking Article 50 of the Treaty on European Union. How are the negotiations likely to affect your business? Defining your priorities, developing...more

5 Ways to Brexit–Proof Your Existing Contracts

Companies should be reviewing their existing contracts — at least those which may still apply at the point of Brexit — and amending the standard terms of business they propose to use from now on, to account for when the UK...more

Brexit: UK Trade Outside The UK

Roughly half of all UK trade is with non-EU countries1. It is argued that Brexit will accelerate the growth of this trade by enabling the UK to strike its own trade deals, particularly with the world’s largest and most...more

OFSI’s New Power to Issue Monetary Fines for Sanctions Breaches: Consultation

The consequences of breaching sanctions in the UK are due to increase in April. Prominent among the new measures is the power for the Office of Financial Sanctions Implementation (OFSI) to impose a monetary penalty and to do...more

Brexit Timing in Doubt

The UK High Court ruled yesterday that the Government cannot rely on its historic prerogative powers to launch the Article 50 process to withdraw the UK from the EU. The Government has said it will appeal the decision to the...more

Brexit Bulletin: Issues That Firms Should Be Considering Now

Four months have passed since the UK voted to leave the EU. We are still some way from knowing the likely terms of a post-Brexit agreement, even if the Conservative Party conference and other recent statements have given some...more

Tackling Modern Slavery

Pressure on businesses to do more to address slavery is ramping-up. In July, the UK Prime Minister described slavery as ‘the greatest human rights issue of our time’. Today, 18 October, marks Anti-Slavery Day in the UK....more

Brexit Bulletin: Leaving the Single Market and the Customs Union

The Prime Minister has set out key principles for the government’s policy on Brexit, which indicate that the UK will not remain fully in the EU Single Market or the Customs Union, but will be negotiating a bespoke trade deal...more

UK Votes To Leave The EU: The Implications Of Brexit And What Next

The British people voted on Thursday to leave the EU. What happens next and what are the implications for business are crucial questions that need to be addressed. What does this mean? Whilst the vote is not legally...more

6/24/2016  /  EU , Referendums , UK , UK Brexit

Tough New EU-Wide Cybersecurity Rules in Prospect: The Network and Information Security Directive

Two-thirds of large UK companies have come under cyber attack in the past year, according to the UK Government, and a quarter have been attacked at least once a month. But only half have taken any recommended actions to...more

New UK Open General Export Licences for Components

UK exporters may now use two new Open General Export Licences (OGELs), reducing the administrative burden of exporting a range of military and dual use components, including printed circuit boards....more

Iran Sanctions: What is Prohibited or Licensable for EU Businesses?

Despite the easing of sanctions on Iran on 16 January under the Joint Comprehensive Programme of Action (JCPOA), some prohibitions and licensing requirements continue to apply to EU businesses. These are summarised below,...more

Implementation Day: Iran Sanctions Eased Today

On Saturday, 16 January 2016, the International Atomic Energy Association (IAEA) submitted a report to the United Nations Security Council (UNSC) certifying that Iran has satisfied its obligations under the Joint...more

Reforms in the UK Export Control Organisation (ECO)

The ECO is making a combination of reforms, intended to improve its service in support of responsible defence and security exports while at the same time ensuring that the objectives of strategic trade controls to protect...more

Modern Slavery Act Guidance. Are you a supplier of goods or services in the UK with a turnover above £36m? If you are, this...

The UK Government has published guidance1 on the transparency in supply chains provision of the Modern Slavery Act. Starting with those with a year-end of 31 March 2016, all organisations with a turnover above £36m will be...more

EU Control List Update

The European Commission is revising the list of dual use items subject to EU export, transit and brokering controls. This briefing summarises the main new and deleted entries, primarily concerning machine tools, avionics...more

The Trans-Pacific Partnership agreement (TPP), which promises significant trade liberalization and investment protection, is...

After 10 years of negotiations, trade ministers from 12 Pacific Rim countries representing 40% of the world’s economy and one-third of global trade have reached a trade agreement, referred to as the Trans-Pacific Partnership...more

EU-Vietnam Trade Deal

The EU and Vietnam have concluded the substantive elements of a Free Trade Agreement (FTA), widely-hailed as one of the most ambitious and comprehensive such agreements that the EU has concluded with a developing country....more

EU sanctions on Iran: Technical Amendments

The European Council has adopted two technical amendments to the EU’s sanctions on Iran. While related to the implementation of the Joint Comprehensive Plan of Action (JCPOA) agreed with Iran on 14 July, their effect is...more

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