New UK enforcement body goes live and new powers granted to existing body, regulating those doing business in the UK.
UK trade sanctions enforcement risks are set to increase on October 10, 2024, as two government agencies...more
10/11/2024
/ Aviation Industry ,
Economic Sanctions ,
Enforcement ,
Export Controls ,
Financial Institutions ,
Financial Services Industry ,
HMRC ,
National Crime Agency (NCA) ,
Office of Financial Sanctions Implementation (OFSI) ,
Penalties ,
Reporting Requirements ,
Sanction Violations ,
Shipping ,
UK
On September 12, 2024, the UK government published the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (the “Regulations”), granting the UK’s trade sanctions enforcement body, the Office of Trade...more
In a landmark moment for global AI governance, the United States, European Union and United Kingdom have signed the Council of Europe’s framework convention on artificial intelligence and human rights, democracy, and the rule...more
9/17/2024
/ Artificial Intelligence ,
Ethics ,
EU ,
Human Rights ,
Innovative Technology ,
International Treaties ,
Machine Learning ,
Regulatory Agenda ,
Treaties ,
UK ,
United States
In light of the increasing organizational use of and reliance on software and the concerns raised regarding the malicious use of the same, the UK Government has published a response to its call for views on software...more
On April 30, 2024, the Department of State proposed an amendment to the International Traffic in Arms Regulations (ITAR) intended to facilitate exports of defense articles, the performance of defense services, and brokering...more
5/9/2024
/ AUKUS ,
Australia ,
Directorate of Defense Trade Controls (DDTC) ,
Exemptions ,
Export Controls ,
Exports ,
ITAR ,
Popular ,
Proposed Regulation ,
Proposed Rules ,
UK ,
US Department of State
The FCC’s recent introduction of a new Voluntary Cybersecurity Labelling Program for consumer Internet of Things (IoT) products reflects the continued desire by U.S. regulators to bolster the security of the ever-increasing...more
4/10/2024
/ Compliance ,
Cybersecurity ,
Data Security ,
Distributors ,
EU ,
Imports ,
Internet ,
Internet of Things ,
Manufacturers ,
Regulatory Standards ,
Telecommunications ,
UK
The United Kingdom (“UK”) introduced new sanctions against Russia on December 14, 2023 with the European Union (“EU”) also adopting its 12th package of sanctions against Russia on December 18, 2023....more
The United Kingdom hosted an Artificial Intelligence (AI) Safety Summit on November 1 – 2 at Bletchley Park with the purpose of bringing together those leading the AI charge, including international governments, AI companies,...more
The UK and U.S. Governments have now formalized the UK-U.S. Data Bridge. The U.S. Attorney General designated the UK as a “qualifying state” for the purposes of the Executive Order 14086 on September 18, 2023, and the UK...more
United States: The Administration and Congress are taking initial steps to produce legislation to regulate AI and using interim measures, such as the White House’s recently announced voluntary agreement with seven prominent...more
8/14/2023
/ Artificial Intelligence ,
China ,
Data Privacy ,
Data Protection ,
Disclosure Requirements ,
EU ,
Machine Learning ,
New Guidance ,
New Regulations ,
OECD ,
OSTP ,
Personal Information ,
UK
From long-standing laws to incoming legislation, global nonprofits must understand the requirements and prepare for scrutiny in their handling of personal data.
U.S. privacy regulations are currently a complex framework of...more
7/6/2023
/ California Consumer Privacy Act (CCPA) ,
California Privacy Rights Act (CPRA) ,
CDPA ,
China ,
Compliance ,
Cross-Border Transactions ,
Cybersecurity ,
Data Privacy ,
Data Security ,
EU ,
General Data Protection Regulation (GDPR) ,
GLBA Privacy ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Nonprofits ,
Personal Information Protection Law (PIPL) ,
Popular ,
Sensitive Personal Information ,
State Privacy Laws ,
UK ,
UK GDPR
On June 8, 2023, the United States and the United Kingdom announced the Atlantic Declaration for a Twenty-First Century U.S.-UK Economic Partnership (“Declaration”). The Declaration re-affirms the need to adapt and reimagine...more
6/30/2023
/ Artificial Intelligence ,
Clean Energy ,
Emerging Technologies ,
Energy Sector ,
Export Controls ,
National Security ,
Supply Chain ,
Technology Sector ,
Telecommunications ,
Trade Agreements ,
UK
Takeaways - Sanctions operate prospectively and do not affect payment obligations to a non-sanctioned party accruing before sanctions became effective....more
On February 24 and 25, 2023, the United Kingdom and European Union each adopted additional sanctions against Russia due to the ongoing conflict in Ukraine. These new measures are summarized below....more
This post marks the third entry in our Year-in-Review series. For prior posts, click here. Many of the first measures that the United States, European Union and United Kingdom collectively took against Russia in 2022 related...more
Establishing and Managing a Business in the UK”, authored by the attorneys of Pillsbury’s London office, is a concise and practical guide for foreign investors in the UK. The guide covers key concerns and topics such as...more
On February 24, 2022, the United States (U.S.), European Union (EU), United Kingdom (UK), and other countries issued a barrage of sanctions against the Russian financial sector, cutting off many major banks from the global...more
U’s Ninth Package - On Friday 16 December 2022 the EU issued its ninth package of sanctions against Russia. Under the new package: Asset freezes have been imposed against 174 new individuals and entities including National...more
The EU has published its eighth package of measures and the UK has published a number of new regulations to implement previously announced measures. Split across four regulations, the EU’s eighth package: Introduces new...more
In the final few days of September, the U.S. and global allies issued a number of sanctions and export controls against actors who have supported Russia’s referendums in Ukraine and related attempts to annex four Ukrainian...more
EU update - On July 21, 2022, the EU published its “maintenance and alignment” package of sanctions. This latest package seeks to tighten existing sanctions, perfect their implementation, and strengthen their effectiveness. ...more
EU introduces a sixth package of sanctions On 3 June 2022, the EU adopted a sixth package of sanctions against Russia which includes economic, individual, media and diplomatic measures....more
EU introduces a fifth package of measures - New asset freezes - On 8 April 2022, the EU published a fifth round of measures against Russia and Belarus. Spread across four regulations, the new measures include additional...more
UK DEVELOPMENTS - Further designations - On 10 March 2022, the UK Government added a further seven oligarchs to its list of sanctions targets, including the owner of Chelsea football club, Roman Abramovich. ...more
Overseas investors are welcome in the UK. Save as set out below, there are no specific laws prohibiting foreign investment in the UK nor are there any business requirements for UK participation in the ownership or management...more
3/9/2022
/ Capital Gains ,
Certificates of Incorporation ,
Corporate Taxes ,
Excise Tax ,
Financing ,
Loans ,
Profits ,
Shareholders ,
Startups ,
UK ,
UK Brexit ,
UK GDPR ,
Value-Added Tax (VAT)