Notice to Exporters: Trade Sanctions Circumvention On 22 May 2023, the United Kingdom Export Control Joint Unitissued a notice to exporters(the Notice) aimed at preventing circumvention of Russia-related trade sanctions, export controls, and other restrictive measures, as well as increasing awareness...
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 an...
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...
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 ...
(b) any law of Russia that has as its primary object or effect the frustration of any sanctions referred to in paragraph (a), or (c) any criminal law imposed by any jurisdiction; "sanction"includes any export or import control or other restrictive measure. ...
HMRC is empowered to enforce export controls and trade sanctions in the UK. Since the introduction of the Russia Regulations in February 2022, HMRC has issued six compound settlements against UK companies for breaches of the sanctions regime totalling over £1.3...
Authored by ourGlobal Sanctions, Export ControlsandCustoms Teams The UK significantly increased the number of sanctions designations on 15 March 2022, helped in part by new powers granted under the Economic Crime (Transparency and Enforcement) Act, which came into force early in ...
prohibited entities under U.S. law is available at the following link:https://www.trade.gov/export-solutions. Customer will not export, re-export, or transfer products as follows, unless it has authorization to do so under any applicable export control and sanctions laws of the United States...
Spectacular growth in UK automobile exports to Azerbaijan and a near-simultaneous rise in similar exports from the former Soviet state to Russia has heightened speculation of sanctions circumvention. UK makers cannot export cars to Russia; however, analysis by Sky Newsindicates they are selling a sig...
Cars are among the items banned from Russia under the so-called "dual use" sanctions regime. There is a specific ban of the sale of luxury cars - those worth more than £42,000 - to Russia. The HMRC database, which also shows the count of cars sold as well as the total value, ...