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Sunny Mann

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On 7 October 2020, the European Commission adopted the revised Annex I (the “Dual-Use List”) to Regulation 428/2009 (the “Dual-Use Regulation”) (see here). The new Dual-Use List came into force on 15 December 2020. The Dual-Use List is refreshed on an annual basis to take into account updates to international non-proliferation regimes and export control arrangements. The latest updates reflect changes from reviews carried out by the Wassenaar Arrangement in particular, and also from reviews…

The UK Department for International Trade has recently published guidance on how the UK will transpose and implement the EU Blocking Regulation (Council Regulation (EC) 2271/96) post-Brexit. The EU Blocking Regulation seeks to counter the extra-territorial impact of certain US sanctions (the “proscribed US sanctions”), currently in respect of Iran and Cuba (please see our previous blog post on updates of the EU Blocking Regulation in respect of Iran here). During the transition period, the…

The Department for International Trade has revealed in a notice to exporters that HMRC has received settlements totalling £700,368.01 for export control violations between March and September 2020.Fines of up to £211,250 were issued to exporters across 19 settlement actions for unlicensed exports of dual use goods, military goods and related activity controlled by the Export Control Order 2008. This is the highest annual total for export control fines to date.HMRC has a discretionary power…

On 11 November 2020, the UK Government introduced a new bill that would significantly expand its powers to review transactions on national security grounds, in line with global trends of increasing regulatory scrutiny of incoming foreign investments. Join us on Wednesday 2nd December 14:00 – 15:00 (GMT) where our panel of experts will discuss everything you need to know about the newly proposed UK Foreign Investment rules, including: Criteria for a mandatory national security…