The UK Parliament, having for the second time rejected the Withdrawal Agreement negotiated between the UK government and the EU, will vote on it for a third time next week. If it is approved, the UK will ask the EU for a...more
The EU has agreed in principle on a strengthened framework to ensure that foreign investment does not threaten security and public order, while keeping the EU open to foreign investment. The draft FDI Regulation does not go...more
The U.S. yesterday commenced the phased re-introduction of its pre-JCPOA extra-territorial sanctions in relation to Iran – with some measures applying immediately, and others from 5 November. The EU has condemned U.S....more
8/9/2018
/ Blocking Statutes ,
China ,
Economic Damages ,
EU ,
European Commission ,
Extraterritoriality Rules ,
Financing ,
Foreign Relations ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Member State ,
Notice Requirements ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Secondary Sanctions ,
Trump Administration
The UK government has widened the circumstances in which it may block mergers and takeovers of businesses in the military, dual-use, computing hardware and quantum technology sectors. Further strengthening of the UK rules is...more
6/19/2018
/ Blocked Mergers ,
Dual Use Goods ,
EU ,
EU Merger Directive ,
European Commission ,
Exports ,
Foreign Direct Investment ,
Member State ,
Mergers ,
Military Goods ,
National Security ,
Popular ,
Software ,
Takeovers ,
Technology Sector ,
UK
After Brexit, while the UK is widely expected to remain closely aligned with EU sanctions, one area where the UK could offer a more business-friendly approach is the grant of licences authorising businesses to conduct...more
5/9/2018
/ Blocked Entities ,
Blocked Person ,
ECJU ,
Economic Sanctions ,
EU ,
Exports ,
Financial Transactions ,
General Licenses ,
Member State ,
Office of Financial Sanctions Implementation (OFSI) ,
UK ,
UK Brexit
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
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
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
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
10/27/2016
/ Brussels Convention ,
Contract Terms ,
Data Protection ,
Environmental Policies ,
EU ,
EU Data Protection Laws ,
Free Movement ,
Immigration Reform ,
Intellectual Property Protection ,
Member State ,
One-Stop Shop ,
Popular ,
Rome Regulation ,
UK ,
UK Brexit
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
10/6/2016
/ EU ,
EU Single Market ,
Financial Markets ,
Immigrants ,
Jurisdiction ,
Member State ,
Referendums ,
Trade Policy ,
UK ,
UK Brexit ,
WTO
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