On November 11, 2020, the UK government announced a new NSI regime. Under the new regime, certain direct foreign investments in the UK will require mandatory notification to, and prior approval by, the Department for Business, Energy & Industrial Strategy (BEIS) before completion.… Continue Reading
The latest edition of our transatlantic export controls and sanctions wrap-up is now available. In this publication, we look at the shifting regulatory framework for international trade compliance on both sides of the Atlantic. In this issue, we cover:… Continue Reading
On 29 April 2020, the French Treasury announced additional emergency measures undertaken to strengthen its national foreign direct investment (FDI) screening mechanism.… Continue Reading
Status: Upcoming/New Filing Acquirer: ProSiebenSat.1 Media SE (Germany) and General Atlantic Coöperatief U.A. (The Netherlands) Acquired: The Meet Group, Inc. (US) Value: $500 million (Approx.) Industry: Software; Information Services… Continue Reading
The EU-27 and the UK have exchanged draft negotiating texts on their future trading relationship following the UK’s decision to leave the EU, indicating a polarity about how both sides see this future relationship.… Continue Reading
This post is being published for The Trade Practitioner as part of a content partnership with our Global Supply Chain Law Blog. Please contact Kristina Arianina and Ketan M. Ganase with any questions. The impact of the COVID-19 pandemic on the global economy needs not restating. The saying “desperate times call for desperate measures” fits the current … Continue Reading
This blog post is being published for The Trade Practitioner as part of a content partnership with our Competition – Antitrust Practice. Please contact Dickie Chan and Nicola Elam with any questions. Today, the UK government announced that “supermarkets [are] to join forces to feed the nation” as the COVID-19 coronavirus outbreak continues to surge. Competition … Continue Reading
This blog post is being published for The Trade Practitioner as part of a content partnership with our Competition – Antitrust Practice. Please contact Nicola Elam and Dickie Chan with any questions. Beyond relaxing night-time delivery restrictions on supermarkets to keep up with the surge in demand for basic grocery items, it has been reported … Continue Reading
This blog post is being published for The Trade Practitioner as part of a content partnership with our Brexit Legal blog. Please contact Matthew Kirk with any questions. In the last week of February 2020 – amid some chest-beating ferocity on both sides – the EU and UK published their respective negotiating mandates for the … Continue Reading
Amidst the new coronavirus outbreak, it has become apparent globally that prices at some retailers and online platforms for coronavirus-related products – such as hand sanitiser gel and respiratory masks – have increased sharply.… Continue Reading
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
