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New 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 EU's cyber resilience...more

Iran Threatens Partial JCPOA Suspension; US Imposes Sanctions on Certain Iranian Metals Sectors

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 a new Executive order...more

Hard 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 businesses using EU content...more

New EU Horizontal Regulation on safeguard measures in FTAs to increase efficiency and transparency

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 countries....more

EU 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 2018, the...more

UK, 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 vehicle aimed at facilitating...more

EU sanctions Syrian and Russian parties involved in the use and proliferation of chemical weapons

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 2018...more

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