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Unveiling the New European Economic Security Strategy

The EU’s new Joint Communication on a European Economic Security Strategy proposes a methodology for an EU economic security risk assessment and identifies measures to mitigate these risks. The Strategy is noteworthy because...more

The New EU Foreign Subsidies Regulation: Overview and Practical Impact for Companies

The EU Foreign Subsidies Regulation (“FSR”) entered into force on 12 January 2023 and will start to apply from 12 July 2023. Under the FSR, the European Commission (“Commission”) will have powers to intervene against...more

The EU’s Proposed Artificial Intelligence Law Enters Final Stage

The European Union (EU) has made steady progress in shaping its proposed AI law, known as the “AI Act.” With the European Parliament approving its preferred version, the AI Act has now entered the final stage of the...more

New EU Deforestation Regulation: Overview and Key Considerations for Companies

The European Union has adopted the new EU Deforestation Regulation, whereby applicable companies must implement a rigorous due diligence process to ensure that certain products and commodities sold in or out of the EU are not...more

Additional EU and UK Sanctions Imposed on Russia

On February 24 and 25, 2023, the United Kingdom and European Union each adopted additional sanctions against Russia due to the ongoing conflict in Ukraine. These new measures are summarized below....more

Russia Sanctions Year in Review: Impact on Aviation Sector

This post marks the third entry in our Year-in-Review series. For prior posts, click here. Many of the first measures that the United States, European Union and United Kingdom collectively took against Russia in 2022 related...more

Russia Sanctions Year in Review: Impact on Financial Services Sector

On February 24, 2022, the United States (U.S.), European Union (EU), United Kingdom (UK), and other countries issued a barrage of sanctions against the Russian financial sector, cutting off many major banks from the global...more

Overview of the EU’s Ninth Sanctions Package and the UK’s Latest Restrictive Measures Against Russia

U’s Ninth Package - On Friday 16 December 2022 the EU issued its ninth package of sanctions against Russia. Under the new package: Asset freezes have been imposed against 174 new individuals and entities including National...more

Latest UK and EU Sanctions Against Russia

The EU has published its eighth package of measures and the UK has published a number of new regulations to implement previously announced measures. Split across four regulations, the EU’s eighth package: Introduces new...more

New Sanctions and Export Controls in Global Response to the Attempted Annexation of Ukrainian Territory

In the final few days of September, the U.S. and global allies issued a number of sanctions and export controls against actors who have supported Russia’s referendums in Ukraine and related attempts to annex four Ukrainian...more

EU Issues a “Maintenance and Alignment” Regulation while UK Publishes a Succession of Amendments to Its Sanctions Regime against...

EU update - On July 21, 2022, the EU published its “maintenance and alignment” package of sanctions. This latest package seeks to tighten existing sanctions, perfect their implementation, and strengthen their effectiveness. ...more

Further UK and EU Restrictive Measures Introduced Against Russia and Belarus

EU introduces a sixth package of sanctions On 3 June 2022, the EU adopted a sixth package of sanctions against Russia which includes economic, individual, media and diplomatic measures....more

Latest EU and UK Trade Sanctions Against Russia and Belarus

EU introduces a fifth package of measures - New asset freezes - On 8 April 2022, the EU published a fifth round of measures against Russia and Belarus. Spread across four regulations, the new measures include additional...more

EU Reaches Agreement on New Big Tech Law

On March 24, 2022, the EU Parliament and Council negotiators agreed on the wording of new EU rules to limit the market power of big online platforms. The EU Digital Markets Act (DMA) will prohibit certain practices used by...more

Further UK and EU sanctions and export controls targeting Russia and Belarus

UK DEVELOPMENTS - Further designations - On 10 March 2022, the UK Government added a further seven oligarchs to its list of sanctions targets, including the owner of Chelsea football club, Roman Abramovich. ...more

Further EU and UK Measures Taken Against Russia

As the Russian invasion of Ukraine continues, the global pressure on the Putin regime intensifies with the EU issuing additional sanctions and export controls on Friday evening (February 25). The legislation implementing the...more

European and UK Sanctions Update – Further Measures Imposed

The EU and UK have imposed further sanctions in response to the invasion of Ukraine and the recognition by Russia of the Donetsk and Luhansk People’s Republics (“DNR” and “LNR”) of Ukraine as independent territories....more

Russia Invades and the West Reacts: A Look at Russian Sanctions So Far

Despite months of posturing and growing geopolitical tensions, Russia’s full-scale invasion of Ukraine this week was a shock to the global community. Western leaders have been swift and unanimous in their response, condemning...more

EU Adopts Fourth Round of Sanctions over Human Rights Violations in Myanmar/Burma

The EU takes a major step to expand sanctions on economically important companies and industrial groups, with twenty-two (22) individuals and four (4) entities now added to restrictive measures. Those designated include...more

Initial Global Sanctions on Russia in Response to Events in Eastern Ukraine

Initial Global Sanctions on Russia in Response to Events in Eastern Ukraine - In response to President Putin’s televised recognition of Donetsk and Luhansk People’s Republics (“DNR” and “LNR”) of Ukraine as “independent”...more

EU Commission Proposes New Regulation to Combat “Economic Coercion”

On December 8, 2021 the EU Commission published its proposal for a new “Anti-Coercion Instrument.” The regulation is being proposed in response to targeted deliberate economic pressures applied to the EU and its Member States...more

12/13/2021  /  Coercion , EU , European Commission , Investment

New EU Guidance Clarifies When Data Transfers Need to be “Safeguarded”

The European Data Protection Board (EDPB), the body which represents EU data protection authorities, has adopted guidelines (Guidelines) confirming when transfers need to be “safeguarded” in accordance with the GDPR (and...more

As European Regulators Take Use of Cookies More Seriously, Here Are the Basics for Compliance

This week the European Data Protection Board (EDPB), a body that represents European data protection authorities, set up a new cookie banner taskforce. The new taskforce will coordinate the response to over 400 complaints...more

Data Transfers from Europe: Final Version of New SCCs Published

The European Commission’s decision of 4 June 2021 finalises the new SCCs for transferring personal data from the EEA. After invalidation of the Privacy Shield by Europe’s top court, many businesses came to rely upon...more

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