Watch a recording of our panel discussion from October 23, 2019 in Washington DC that examined some of the most critical aspects of Brexit and their short- and medium-term implications, including a potential roadmap to a US-UK free trade agreement, and what the impact of a possible Jeremy Corbyn government might mean for US-UK relations.… Continue Reading
The 13th Annual Transatlantic Business Conference will take place from November 6 to 7 in Spreespeicher Berlin. This year’s topic is “Building the Power to Compete in the 21st Century.”… Continue Reading
OFSI, part of the HM Treasury, working toward ensuring that financial sanctions are properly implemented and enforced in the UK, has updated numerous financial sanctions that are currently in force. The recent updates are for financial sanctions in the following regions and industries: ISIL/Da’esh and Al-Qaida Organizations Nicaragua Venezuela Central African Republic Ukraine – Sovereignty and Territorial Integrity Syria Libya … Continue Reading
The UK has reportedly suspended the granting of arms export licenses for Turkey in relation to weapons that could potentially be used for military operations in Syria. The suspension follows British ministers ordering a full review into Turkish arms licenses. Liz Truss, the UK’s International Trade Secretary, commented that the International Trade Department “will take into account any developments in the … Continue Reading
On August 14, 2019, the UK government introduced a new control on the export of submersible vessels and related equipment, software and technology to Russia. The new control has been introduced due to Russia’s development of capabilities enabling it to track, access and disrupt undersea communication cables. The UK government considers these developments as a risk to national security. Assessment of … Continue Reading
The UK Committees on Arms Export Controls are conducting an inquiry examining the government’s 2017 Strategic Export Controls Annual Report. On June 24, 2019, both HMRC and the ECJU gave written evidence for the inquiry. … Continue Reading
On June 20, 2019, the Court of Appeal handed down its judgment allowing Campaign Against Arms Trade’s (CAAT) appeal of the High Court’s decision. The claim brought by CAAT was for a judicial review of export licensing decisions made by the Secretary of State for International Trade in relation to military exports to Saudi Arabia, which could potentially be … Continue Reading
The ECJU has amended the Export Control Order 2008 through the implementation of Directive (EU) 2019/514. The Export Control (Amendment) Order 2019, which came into force on June 30, 2019, amends the list of defense-related products. The changes correspond to updates made to the European Military List. In addition, updates were made to remove Eritrea from the list of countries embargoed … Continue Reading
EU extends sanctions with respect to actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. … Continue Reading
The UK government has published the proposed customs duty rates that will apply to imported merchandise entering the UK from third countries after the country has left the European Union (EU) under a so-called no-deal scenario. Unless recent political developments require the UK government to extend that deadline, it has been indicated that the UK … Continue Reading
Status: Clearance Acquirer: Wieland-Werke AG (Germany) Acquired: Global Brass and Copper Holdings, Inc. (US) Value: US$965 million Industry: Metals… Continue Reading
Status: Clearance Acquirer: Edwards Vacuum LLC (US); Atlas Copco AB (Sweden) Acquired: Semiconductor cryogenics business of Brooks Automation, Inc. (US) Value: US$675 million Industry: Industrial Products and Services… Continue Reading
By now, avid watchers can agree that Prime Minister May’s resignation will further complicate the already-complex Brexit landscape. Her tenure in office had been looking increasingly challenged for some time. The immediate trigger for her resignation was her final attempt to get her Brexit deal done, which included the offer of the possibility of a … Continue Reading
Our Brexit team resides on both sides of the Atlantic and has multifaceted expertise to help you with any aspect of your Brexit planning and preparation. We have sectoral and subject expertise, backed by political and legal understanding and technical ability for in-depth analysis, which together can ensure you are properly informed and prepared for … Continue Reading
Russian Counter-sanctions: Bill Introduced to Criminalize Dissemination of Information That May Result in Introduction or Expansion of Sanctions Against Russian Persons Following our recent webinar, our Moscow Team prepared an analysis of a draft Russian legislation that would prohibit media communications that reveal non-compliance with sanctions or facilitate imposition of sanctions and would also impose criminal … Continue Reading
Since taking office in January 2017, President Trump has made use of several provisions of US law – including Section 301, targeting unfair trade practices, and Section 232, targeting threats to national security – to bring trading partners to the negotiating table. Major developments over the last two weeks could impact global supply chains across a wide range … Continue Reading
UPDATE: On April 17, 2019, the European Commission launched a public consultation period on a preliminary list of products from the US to be considered for countermeasures in its own separate case against the US.… Continue Reading
Please save-the-date for the upcoming symposium organized by the Export Control Joint Unit (ECJU) that will cover a range of export control topics.… Continue Reading
UPDATE: On March 5, 2019, the Council of the EU approved the Regulation establishing a framework for screening of foreign direct investments into the EU. As further explained below, the Regulation facilitates enhanced cooperation and exchange of information between EU member states and the European Commission. The Regulation could affect businesses and investors, as well as their interactions with government entities at … Continue Reading
After the UK government overwhelmingly rejected Prime Minister May’s Withdrawal Agreement in January, the Prime Minister is back to negotiations with the EU in an attempt to hammer out a Brexit deal favorable for Britain before the 29 March deadline. … Continue Reading
UPDATE: The UK Export Control Joint Unit issued a general license authorizing export of dual-use goods from the UK to the EU in case of hard Brexit. The licence will enter into force on March 29, 2019 at 11 p.m. UK time. … Continue Reading
