On 1 April 2025, the UK government confirmed that the Foreign Influence Registration Scheme (FIRS) — which was established under the National Security Act 2023 — will come into force from 1 July 2025. The UK government has...more
On 12 September 2024, the UK government published The Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (Regulations) which, among other things, set out the powers of the new Office of Trade...more
9/25/2024
/ Economic Sanctions ,
Enforcement Actions ,
Financial Regulatory Reform ,
International Trade ,
New Legislation ,
New Regulations ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Sanctions ,
Trade Policy ,
UK
On 22 February 2024, shortly before the second anniversary of Russia’s invasion of Ukraine, the UK government published its first sanctions strategy (the Strategy). The Strategy explains the UK’s use and implementation of...more
3/12/2024
/ Belarus ,
Economic Sanctions ,
EU ,
Foreign Policy ,
International Trade ,
Licensing Rules ,
Office of Financial Sanctions Implementation (OFSI) ,
Reporting Requirements ,
Russia ,
Sanctions ,
UK ,
Ukraine
With Russia’s invasion of Ukraine nearing the end of its second year, the United Kingdom has continued to introduce sanctions measures against Russia, with the latest round announced on 14 December 2023....more
1/22/2024
/ Economic Sanctions ,
EU ,
Financial Institutions ,
General Licenses ,
Oil & Gas ,
Oil Prices ,
Reporting Requirements ,
Russia ,
Sanctions ,
Trade Restrictions ,
UK ,
Ukraine