EU responds to US re-imposition of sanctions on Iran
The European Union has announced a package of measures in response to the re-imposition of US secondary sanctions on European persons and companies with dealings with Iran....By: Charlotte Van Haute
View ArticleUS Imposes Sanctions Targeting Debt and Equity of the Venezuelan Government
On May 21, 2018, President Trump signed a new Executive Order entitled "Prohibiting Certain Additional Transactions with Respect to Venezuela."1 The Executive Order, which became effective on May 21,...
View ArticleEU issues draft update to block re-imposed US sanctions on Iran
The European Commission has proposed EU Blocking Regulation revisions to cover re-imposed US sanctions on Iran. The revisions are expected to enter into force on 6 August 2018, and have a big impact on...
View ArticleSanctions after Brexit – why UK businesses will face a greater compliance burden
The Sanctions and Anti-Money Laundering Act, which received royal assent on 23 May 2018, creates a framework for the UK's sanctions and anti-money laundering regimes post-Brexit. Although the Act does...
View ArticleUnited States Issues Wind-Down Authorizations for Iran-Related Transactions
Consistent with President Trump's announcement on May 8, 2018 that the United States was going to withdraw from the Joint Comprehensive Plan of Action (JCPOA), on June 27, 2018, the US Department of...
View ArticleEU Adds Six Companies to Ukraine-Related Asset Freeze List
The EU has added 6 companies to the Ukraine-related asset freeze list based on their involvement in the construction of the Kerch Bridge, connecting Russia to the Crimean peninsula....By: Charlotte Van...
View ArticleUnited States re-imposes certain Iran-related sanctions after 90-day...
On August 6, 2018, the United States introduced Executive Order 13846 to re-impose mainly secondary sanctions targeting Iran. In response to the US action, on August 7, 2018, the European Union issued...
View ArticleUnited States Imposes Sanctions Related to Russia's Use of Chemical Weapons
On August 27, 2018, the US Department of State (State Department) announced that it had determined on August 6, 2018 that the Government of the Russian Federation has used chemical weapons in violation...
View ArticleUnited States Imposes Sanctions Targeting Foreign Interference in US Elections
President Trump has issued an Executive Order (EO) "Imposing Certain Sanctions in the Event of Foreign Interference in a United States Election,"effective September 12, 2018. The EO authorizes the...
View ArticleUS Expands Russian Defense and Intelligence Sanctions, Targets Chinese Parties
On September 20, 2018, the US government imposed sanctions on a Chinese entity and its director for engaging in significant transactions with persons on the Countering America's Adversaries Through...
View ArticleEU issues draft internal compliance programme guidance for dual-use controls
The European Commission recently issued draft "best practices" guidance on the core elements that companies (and other entities) should include in their internal compliance programmes (ICPs) for trade...
View ArticleEU lays ground for sanctions against use and proliferation of chemical weapons
On 15 October 2018, the EU adopted a new sanctions framework to address the use and proliferation of chemical weapons.1 Unusually for EU sanctions regimes, these sanctions do not target any named...
View ArticleUnited States Fully Re-imposes Iran Sanctions and Expands Designations
On November 5, 2018, the United States re-imposed all remaining secondary sanctions on Iran that were previously lifted under the Joint Comprehensive Plan of Action (JCPOA). This is the final action...
View ArticleEU sanctions Syrian and Russian parties involved in the use and proliferation...
On 21 January 2019, the EU adopted the first sanctions measures under its new sanctions framework targeting parties involved in the use and proliferation of chemical weapons introduced in October...
View ArticleUK, France, Germany create INSTEX SPV to support trade with Iran
On 31 January 2019, France, Germany and the United Kingdom (the "E3") announced the registration in France of INSTEX SAS ("Instrument for Supporting Trade Exchanges"), which is a special purpose...
View ArticleEU Customs Developments in 2018
EU Customs Policy - Amendments to the UCC and related legislation - Key developments relating to proposed and adopted amendments to the Union Customs Code (UCC) in 2018include the following: In March...
View ArticleNew EU Horizontal Regulation on safeguard measures in FTAs to increase...
On 14 March 2019, the EU Horizontal Safeguard Regulation 2019/287 ("HSR") entered into force to streamline the implementation of bilateral safeguard measures in EU trade agreements concluded with third...
View ArticleHard or Soft Brexit – does it matter for the origin of goods?
The United Kingdom (UK) leaving the European Union (EU) will inevitably result in difficulties for businesses using UK content in their products for export under EU Free Trade Agreements, or for UK...
View ArticleIran Threatens Partial JCPOA Suspension; US Imposes Sanctions on Certain...
On May 8, 2019, following Iran's announcement that it intends to suspend certain nuclear proliferation-related commitments under the Joint Comprehensive Plan of Action (JCPOA), the United States issued...
View ArticleNew EU sanctions to target malicious external cyber-attacks
On 17 May 2019, the EU put in place a new legal framework for sanctions targeting malicious cyber activities from outside the EU that threaten the Union or its Member States. The aim is to enhance the...
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