News & Analysis as of

Economic Sanctions Sanctions United Kingdom

WilmerHale

UK Sanctions - Mid-Year Update

WilmerHale on

This alert discusses two recent significant developments at either end of the UK sanctions spectrum, covering off designation (a recent Supreme Court decision providing important guidance as to the assessment of...more

A&O Shearman

UK OFSI updates financial sanctions guidance with new licensing ground

A&O Shearman on

The UK Office of Financial Sanctions Implementation (OFSI) has updated its general guidance on financial sanctions, introducing a new licensing ground under Section 6.6, permitting the return of funds from designated Money...more

Conyers

Sanctions, Superyachts and the Separation of Powers: The Shvidler Appeal and Its Implications for the Cayman Islands

Conyers on

Earlier this week, the UK’s highest court delivered a landmark decision in the combined appeals of Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs and Dalston Projects Ltd & Ors v Secretary of...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Sanctions Update: New Designations, Lowered Oil Cap and Continued Focus on Combatting Circumvention

- What is new: UK Russian sanctions were strengthened with new designations and a reduced oil price cap. The government also published its cryptoassets threat assessment, issued guidance on sanctions for non-UK businesses and...more

Mayer Brown

UK Weekly Sanctions Update - Week of July 21, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Sheppard Mullin Richter & Hampton LLP

Unpacking the U-Turn: What the Syria Sanctions Repeal Really Means

The United States has taken a historic step by terminating the Syria Sanctions Program, marking the most significant shift in U.S. foreign policy towards Syria since the fall of the Assad regime. In our earlier post, we...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of June 2025

Mayer Brown on

I. U.S. SANCTIONS - Politico Reports President Trump Will Not Increase Sanctions on Russia to Maintain Peace Talks: On June 25, Politico reported that during an interview with Secretary of State, Marco Rubio, Secretary...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU and UK Sanctions: New Sanctions Packages and Other Key Developments June 2, 2025

The EU and UK sanctions regimes on Russia continue to expand as both jurisdictions seek to increase pressure on President Putin. As with previous recent packages, Russia’s military, energy and financial sectors have again...more

Secretariat

Rebuilding Ukraine — April 2025 Edition

Secretariat on

Welcome to Secretariat’s April 2025 edition of Rebuilding Ukraine, where we explore the evolving landscape of Ukraine’s reconstruction, the challenges ahead, and the opportunities emerging. Stay informed with our insights on...more

Mayer Brown

UK Weekly Sanctions Update - Week of March 3, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 24, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world...more

McDermott Will & Schulte

Quarterly Sanctions Update | Q4 2024 / Q1 2025

What’s New? The European Union and the United Kingdom remain committed “to keep up the pressure on the Kremlin” by way of imposing further sanctions as Russia’s illegal invasion of Ukraine enters the fourth year. Within a...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 3, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. Counter-Terrorism Sanctions - UK charity director charged for breaching the Counter-Terrorism Sanctions Regulations: On February 6, 2025,...more

Pillsbury - Global Trade & Sanctions Law

Framework for Collaboration Between U.S. and UK Sanctions Authorities

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

Skadden, Arps, Slate, Meagher & Flom LLP

Political Changes Are Unlikely To Fundamentally Alter Key Sanctions

Key Points - - Political transitions in the West notwithstanding, we expect economic sanctions to remain a key response to geopolitical issues. - Current sanctions policy priorities are unlikely to shift markedly in...more

Venable LLP

Outgoing Administration Issues Sweeping Russia Energy Sector Sanctions

Venable LLP on

On January 10, 2025, the US government issued the latest round of sanctions targeting Russia’s revenue sources used to fund its war in Ukraine....more

Conyers

Navigating International Sanctions: Impact of the Ukraine War on Bermuda

Conyers on

When Russia invaded Ukraine on 22 February 2022 most Bermudian residents did not think it would have much impact to the island. However as both an overseas territory of the United Kingdom and as an international finance...more

Conyers

International Sanctions Requirements for Virtual Asset Service Providers: a Cayman Perspective

Conyers on

As the war continues to rage on the Eastern front between Russia and Ukraine, the financial sanctions resulting from the initial invasions and ongoing conflict seem likely to continue to play a significant part in the global...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Sanctions Puzzle: Key Areas To Watch in 2025 and Beyond

The past weeks and months have brought about tremendous political change in the West, as we move toward a new U.S. administration, a new College of Commissioners in Brussels and a new Polish presidency of the Council of the...more

Proskauer - Regulatory & Compliance

Sanctions Considerations for Private Equity Firms – a few practical tips

Private equity firms could face significant sanctions risks when doing business with entities connected to sanctioned jurisdictions (such as Russia)...more

Skadden, Arps, Slate, Meagher & Flom LLP

OFSI Issues First Monetary Penalty for Breach of Sanctions Imposed on Russia in Response to Its Invasion of Ukraine

On 27 September 2024, the UK’s financial sanctions regulator, the Office of Financial Sanctions Implementation (OFSI), announced that it had issued its first monetary penalty for a breach of UK financial sanctions imposed...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Announces Powers of New Trade Sanctions Enforcement Agency

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

McDermott Will & Schulte

Spotlight on the “Partner Countries” Exemption from Sanctions against Russia

From June 20, 2024, EU companies with a presence in Russia will no longer be able to rely on the “partner countries” exemption and will be required to obtain, or rely on, a licence to provide business services and/or software...more

McDermott Will & Schulte

Quarterly Sanctions Update | Q1 2024

The European Union and the United Kingdom continue to tighten sanctions against Russia, particularly in the wake of the second anniversary of Russia’s invasion of Ukraine and the sudden death of Russian opposition leader...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Publishes First Sanctions Strategy and New Licensing Guidance

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

40 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide