Notice to Exporters: Trade Sanctions Circumvention On 22 May 2023, the United Kingdom Export Control Joint Unit issued a notice to exporters (the Notice) aimed at preventing circumvention of Russia-related trade
On 6 September 2024, sections of the Russia Regulations that relate to the provision of legal advisory services were amended. Regulation 54D prohibits the provision of legal advisory services to non-UK persons that would facilitate the breach of sanctions. The recent amendments clarified the scope o...
27 of which relate to Russia sanctions. None of these investigations has yet reached the point of prosecution. In October 2024, one of the live investigations into a breach of Russia sanctions was referred to the CPS and is awaiting a charging decision. ...
The European Council announced more retaliatory measures that it said would “impose massive and severe consequences” on Russia for attacking its neighbor. The sanctions will target the financial, energy and transportation sectors, according to European leaders. The EU will also target dual...
The creation of OTSI is a clear signal of intent that the UK government is focused on enforcing breaches of the UK’s trade sanctions. This is consistent with the position of the EU and the US governments, which are also seeking to prevent the circumvention of trade sanctions a...
It is our understanding that OTSI will soon establish its own online licensing system, and will therefore not utilize the “SPIRE” online system currently in use for trade sanctions licensing, as implemented by DBT’s Export Joint Control Unit (“ECJU”). OTSI’s administrative and enforceme...
which have targeted the UK and the US. This is the first time that the UK has made designations under itsCyber (Sanctions) (EU Exit) Regulations 2020. The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issuedthis press releasein tandem with the designations....
Even where data is restricted under export controls of the US, UK, EU or Japan, in most cases the restriction is limited to export, reexport or transfer to a small number of countries, primarily those that are subject to US, UK, EU, or Japan economic sanctions. Office 365 does not ...
Borrower shall maintain policies and procedures designed to achieve compliance with Sanctions Laws and Regulations. Export Control Laws LICENSEE shall observe all applicable United States and foreign laws with respect to the transfer of Licensed Products and related technical data to foreign countries, ...
In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London Global and Government Trade team l...