News & Analysis as of August 3, 2025

United Kingdom

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Setting up a Jersey Manager - The Options and Opportunities

Walkers on 3/17/2025

A Jersey manager is typically required to hold a "fund services business" licence, which can be obtained within weeks. There are broadly two types of licence: a "managed entity" licence and a "full codes" licence, each with...more

Sanctions Considerations for Private Equity Firms – a few practical tips

Proskauer - Regulatory & Compliance on 10/11/2024

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

Quarterly Sanctions Update | Q3 2024

McDermott Will & Emery on 10/8/2024

Although the European Union and the United Kingdom did not introduce new sanctions against Russia over the summer, they extensively focused on the implementation of the existing measures and their enforcement. This week,...more

UK Publishes First Sanctions Strategy and New Licensing Guidance

Skadden, Arps, Slate, Meagher & Flom LLP on 3/12/2024

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

The Proposed EU SEP Regulations: a Quiet Move Toward a Top-Down World?

McDermott Will & Emery on 6/8/2023

At a high level, the top-down approach is a simple two-step method to calculate the FRAND rate owed to a particular SEP licensor. First, the appropriate aggregate royalty for a given standard (that is, a reasonable price for...more

Review of Sanctions and Export Controls Imposed in Response to Russia’s Invasion of Ukraine

Foley Hoag LLP on 2/28/2022

As we had reported in our earlier client alert and 2022 Year in Preview, Russia’s invasion of Ukraine has resulted in a new wave of sanctions and export controls on Russia, including sanctions on key sectors of the Russian...more

Important Brexit-Related Changes to UK Export Control and Sanctions Laws

Pillsbury Winthrop Shaw Pittman LLP on 1/5/2021

Following the UK’s withdrawal from the EU, effective 11 pm UK time on 31 December 2020, the UK (with the exception of Northern Ireland in some cases) no longer automatically implements EU laws. This has brought about...more

Financial Regulatory Observer – June 2019: No-deal Brexit: Challenges for trading venues and their participants

White & Case LLP on 7/1/2019

There is no silver bullet for maintaining cross-border trading if the UK leaves the EU without a deal. The date of Brexit has been delayed until (at least) October 31, 2019, but there is little sign that financial...more

DSM webinar highlights tax, competition law, copyright, AVMS and data economy issues for 2017

Hogan Lovells on 2/10/2017

In a February 7, 2017 webinar, the Hogan Lovells Digital Single Market (DSM) team presented its take on new developments for 2017. Peter Watts introduced the session by warning that the loss of the UK voice in EU policy...more

European Competition Law Newsletter – August 2015

McGuireWoods LLP on 8/13/2015

Continuing an EU-wide trend, yet another trade association has been fined in the UK for cartel activities. This time it was a medical professionals’ association. The message is clear; trade associations of all types need to...more

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