All Insights

Sanctions and Export Control | UK Regulatory Outlook April 2024

Tue, 23 Apr 2024 10:09:13 +0100

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UK Sanctions Perceptions Survey | UK and US crackdown on trade of Russian metals | OFSI issues maritime sector guidance

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Sanctions and Export Control | UK Regulatory Outlook March 2024

Wed, 27 Mar 2024 10:09:13 +0000

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UK government sanctions strategy paper | Treasury Committee inquiry into effectiveness of UK's Russia sanctions regime | Russia (Sanctions) (Overseas Territories) (Amendment) Order 2024

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UK sanctions against Russia two years on – how have things changed?

Thu, 21 Mar 2024 15:00:41 +0000

In this video, Nick Price and Kristian Assirati discuss how the regime has developed, its impact on businesses and OFSI's approach

Sanctions and Export Control | UK Regulatory Outlook February 2024

Wed, 28 Feb 2024 10:09:13 +0000

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OFSI guidance on new reporting requirements for designated persons | Sanctions evasion risk alerts | UK updates Russia sanctions guidance

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Sanctions and Export Control | UK Regulatory Outlook January 2024

Thu, 11 Jan 2024 10:09:13 +0000

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New trade and financial sanctions against Russia | OFSI updates correspondent banking restrictions and oil price cap | New unit to crack down on sanctions evasion | New general licences for sanctioned Russian iron and steel and payments to local authorities

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Sanctions and Export Controls | UK Regulatory Outlook November 2023

Wed, 29 Nov 2023 14:21:24 +0000

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FCDO and OFSI guidance on ownership and control in UK sanctions regimes | NECC red alert on abuse of gold to evade sanctions | Ongoing commitments as part of OFAC-OFSI enhanced partnership | UK Export Control Joint Unit strategic export controls guidance

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UK Sanctions Update: Welcome clarification from the FCDO and OFSI that 'ordinary' companies in Russia are not deemed controlled by the president

Fri, 17 Nov 2023 15:54:46 +0000

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The guidance reacts effectively to a recent controversial Court of Appeal decision

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Sanctions and Export Control | UK Regulatory Outlook October 2023

Tue, 31 Oct 2023 15:00:12 +0000

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New Export Control Regulations to come into force| FCDO statement following Boris Mints judgment | UK and EU Russian iron and steel import ban in force |OFSI issues new general licences | OFSI amends UK general licences

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UK sanctions: is every company in Russia controlled by Putin?

Wed, 11 Oct 2023 11:39:06 +0100

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Surprise Court of Appeal opinion has potentially wide-ranging impact on UK businesses dealing with Russian companies

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Sanctions and export control | UK Regulatory Outlook September 2023

Wed, 27 Sep 2023 11:00:21 +0100

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Guidance on Russian iron and steel import ban | OFSI publishes guidance on disclosure enforcement powers | HM Treasury frozen assets review 2023 | FCA publishes guidance on identifying and assessing sanctions risks

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UK OFSI issues first 'disclosure notice' censuring sanctions breach

Tue, 19 Sep 2023 09:48:41 +0100

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Decision provides guidance on compliance as Financial Conduct Authority issues its own sanctions-compliance findings

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How has the UK National Security and Investment Act shaped up 18 months on?

Wed, 26 Jul 2023 12:48:35 +0100

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The second NSIA annual report gives investors crucial insight into the practical impact of the legislation on UK M&A

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Sanctions and export control | UK Regulatory Outlook July 2023

Wed, 26 Jul 2023 10:48:10 +0100

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New Russia sanctions on legal advisory services | OFAC/OFSI publishes humanitarian assistance factsheet in relation to Russia sanctions | OFSI updates incomplete licensing applications process | Russia sanctions research briefing

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Sanctions and Export Control | UK Regulatory Outlook June 2023

Mon, 26 Jun 2023 14:07:34 +0100

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UK brings in further Russian sanctions legislation | OFSI publishes updated Oil Price Cap guidance and issues new General Licence | UK publishes Russia common high priority items list

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Sanctions and Export Control | UK Regulatory Outlook May 2023

Thu, 25 May 2023 12:39:29 +0100

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General licence for legal fees extended | OFSI publishes travel guidance

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Sanctions and Export Control | UK Regulatory Outlook April 2023

Thu, 27 Apr 2023 12:00:00 +0100

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Further trade sanctions against Russia | OFSI issues General Licences for bond amendments and restructurings | Government commits to combatting sanctions evasion in Economic Crime Plan 2023-2026

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The evolving UK sanctions regime: five practical points for businesses

Tue, 28 Mar 2023 10:25:19 +0100

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The increasingly complex sanctions landscape over the past 12 months provides lessons in managing risk

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Sanctions and Export Control | UK Regulatory Outlook February 2023

Tue, 28 Feb 2023 16:08:58 +0000

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OFSI issues new ransomware sanctions guidance | UK government publishes updated Russia services sanctions guidance | OFSI publishes update on oil price cap

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Sanctions and Export Control | UK Regulatory Outlook October 2022

Wed, 26 Oct 2022 10:36:40 +0100

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UK sanctions in response to Putin's illegal annexation of Ukrainian regions | European Council adopts eighth package of sanctions against Russia | Economic Crime (Transparency and Enforcement) Act 2022 Commencement Regulations

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Sanctions and export control | Regulatory Outlook July 2022

Thu, 28 Jul 2022 09:33:54 +0100

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Government introduces new sanctions legislation against Belarus | OFSI developments

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New sanctions reporting obligation on crypto-asset exchanges and custodian wallet providers

Wed, 20 Jul 2022 12:59:50 +0100

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New regulations increasing the obligations to report under the UK financial sanctions regime are likely to impose significant burdens on crypto-firms

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The impact of financial sanctions on supply chains

Fri, 15 Jul 2022 10:41:52 +0100

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Sanctions may affect payment and delivery or require the unwinding of commercial arrangements – and there are a number of legal problems that businesses may face.

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OFSI issues a 'red alert' on how to spot sanctions evasion

Wed, 13 Jul 2022 17:01:23 +0100

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UK's recently imposed strict liability test for breaches of sanctions regime underlines importance for businesses of understanding indicators of evasion

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Sanctions update: strict liability test comes into force with revised guidance from OFSI

Wed, 15 Jun 2022 10:38:33 +0100

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UK regulator OFSI sets out its approach to new rules imposing a strict liability test for breaching the sanctions regime

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FCA encourages reporting on financial sanctions

Wed, 25 May 2022 15:51:53 +0100

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FCA seeks further reporting about suspected sanctions evasion or weak sanction controls

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