On 11 August 2023, the UK Department for Business and Trade issued a General Licence authorising the provision of legal advice in relation to sanctions imposed by any jurisdiction. As discussed in our June 2023 GT Alert, the UK
GT London Law Blog
Legal Advisers for a Changing World
Latest from GT London Law Blog - Page 2
UK Court Grapples with Cryptocurrency Preservation and Enforcement Issues
Digital assets are an increasingly important part of modern society. That was the conclusion the UK Law Commission reached in its final report on digital assets that was published recently following a year-long consultation. In addition, the Law Commission observes…
OFSI Updates Guidance on Refusing Licences
HM Treasury announced 26 July that the UK’s Office of Financial Sanctions Implementation (OFSI) has amended Section 6.12, Refusal of a licence, of its UK Financial Sanctions, General Guidance, removing the option to “ask OFSI to review the decision” in circumstances…
UK Imposes New Russia Sanctions on 86 People and Companies, Including Metal and Diamond Industries
These sanctions have been revealed following an announcement by the leaders of the G7 at this week’s G7 summit where they pledged to take action against Russia and as far as possible restrict its revenue and ability to continue the…
GT Newsletter | Competition Currents | May 2023
The May 2023 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
SFDR Update: European Regulators Issue New Consultation & European Commission Provides New Guidance
On 12 April, the European Supervisory Authorities (ESMA, EBA, and EIOPA1) published a Consultation Paper proposing amendments to the European Commission’s Regulatory Technical Standards that implement Europe’s comparatively new environmental, social, and governance (ESG) regime – the Sustainable…
Updating and Improving the UK Asset Management Regime: An FCA Discussion Paper
The UK’s Financial Conduct Authority (FCA) released a Discussion Paper (DP23/2: Updating and improving the UK regime for asset management) in February 2023 which recognises that, as a consequence of Brexit, it is time to consider what the shape…
New UK Sanctions Package Would Target Russia’s Arms Exports, Front-Line Resources
The UK announced a further round of sanctions and trade measures on 24 February 2023 to coincide with the first anniversary of Russia’s invasion of Ukraine. The new measures would reportedly prohibit the export of every item Russia has been found to…
GT Newsletter | Competition Currents | March 2023
The March 2023 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
Competition Currents | February 2023
The February issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.