On 23 June 2025, the UK government published its new Modern Industrial Strategy document (the “IS Document”), outlining the government’s current strategies for UK economic growth. The policy paper focuses on eight priority...more
The Judgment addressed joined insurance claims brought by major aircraft lessors whose aircraft and engines were stranded in Russia following the imposition of sweeping Western sanctions and Russian government measures which...more
On February 24, 2025, the EU adopted its 16th package of sanctions against Russia, Belarus and non-government-controlled areas of Ukraine, symbolically marking the third anniversary of the start of Russia’s invasion of...more
3/11/2025
/ Belarus ,
Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Exports ,
Financial Institutions ,
Imports ,
Popular ,
Russia ,
Trade Relations ,
UK
On January 16, 2025, the European Commission issued a recommendation encouraging EU Member States to begin reviewing outbound investments in critical technologies including AI, semiconductors and quantum technologies to...more
Earlier this week, the U.S. Office of Foreign Assets Control (OFAC) and the UK Office of Financial Sanctions Implementation (OFSI) published a Memorandum of Understanding (MoU), which was previously signed on October 9, 2024,...more
On December 16, 2024, the EU issued its 15th package of sanctions against Russia, new designations under the Belarus sanctions regime, and the first designations under the hybrid threats sanctions regime adopted in October...more
12/27/2024
/ Asset Freeze ,
Belarus ,
Belarus Sanctions ,
Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Exports ,
Imports ,
Russia ,
Trade Restrictions ,
Ukraine
New UK enforcement body goes live and new powers granted to existing body, regulating those doing business in the UK.
UK trade sanctions enforcement risks are set to increase on October 10, 2024, as two government agencies...more
10/11/2024
/ Aviation Industry ,
Economic Sanctions ,
Enforcement ,
Export Controls ,
Financial Institutions ,
Financial Services Industry ,
HMRC ,
National Crime Agency (NCA) ,
Office of Financial Sanctions Implementation (OFSI) ,
Penalties ,
Reporting Requirements ,
Sanction Violations ,
Shipping ,
UK