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
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
2/23/2022
/ Economic Sanctions ,
EU ,
Executive Orders ,
Exports ,
Financial Institutions ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
UK ,
Ukraine
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
Between March and November 2021 HMRC issued compound penalties in respect of unlicensed exports of dual use goods, military goods and related activity controlled by the Export Control Order 2008 with settlements totalling...more
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
8/17/2021
/ Belarus ,
Belarus Sanctions ,
Dual Use Goods ,
Economic Sanctions ,
EU ,
European Investment Bank (EIB) ,
Export Controls ,
Exports ,
Military Goods ,
Popular ,
UK
On 26 April 2021, the UK launched the Global Anti-Corruption sanctions regime against individuals and organisations responsible for serious international corruption. The first wave of sanctions designations includes 22...more
On 22 March 2021, the UK Government published new official guidance on exporting military or dual-use technology.The guidance provides that controlled software and technology is generally subject to an export licence...more
3/26/2021
/ Cloud Storage ,
Dual Use Goods ,
Electronic Devices ,
Export Controls ,
Exports ,
Foreign Trade Regulations ,
Information Technology ,
International Trade ,
Software ,
UK ,
UK Brexit
Following the military coup on 1 February 2021 and subsequent human rights violations, the Foreign, Commonwealth, and Development Office added three Myanmar military officers to the UK Sanctions List on 18 February 2021....more
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
1/7/2021
/ Country of Origin ,
Cross-Border Transactions ,
Customs ,
EU ,
Free Trade Agreements ,
Northern Ireland ,
Regulatory Standards ,
Tariffs ,
Trade Policy ,
Trade Relations ,
UK ,
UK Brexit
On 20 July 2020, UK Foreign Secretary Dominic Raab announced (through a statement to the House of Commons) that as part of the UK's response to China’s imposition of new national security laws on Hong Kong...more
The UK Government has issued sanctions for the first time under the new global human rights sanctions regime against individuals and organisations responsible for human right violations. This is the first wave of designations...more
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
12/17/2019
/ Cross-Border Transactions ,
EU ,
Exports ,
Foreign Relations ,
Imports ,
Trade Negotiations ,
Trade Relations ,
Trump Administration ,
UK ,
UK Brexit ,
US Trade Policies
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