On 8th July 2026, the UK enacted the National Security (State Threats) Act 2026 (the new “Act”), introducing a new power for the Home Secretary to designate bodies involved in foreign power threat activity and creating criminal offences for supporting, assisting, or obtaining a material benefit from those bodies. The new regime is intended to address a perceived gap between sanctions, terrorism legislation and the existing National Security Act 2023 framework, by targeting organisations, proxies…
On June 4, 2025, the U.S. House of Representatives passed the Ukraine Support Act (H.R. 2913) (the “Act”), a broad measure that would, if enacted, (1) impose new Russia-related sanctions, (2) codify and tighten existing U.S. export controls, (3) impose duties of at least 500% on Russian imports and taxation of blocked assets, and (4) authorize additional Ukraine-related security and reconstruction measures. The bill now moves to the Senate, where its prospects remain uncertain. If…
The UK Government has introduced the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (the “Regulations”), which will come into force on 12 May 2026 (see here). The Regulations introduce Sanctions End-Use Controls (“SEUC”), a new licensing requirement which the UK Government can use to impose licensing requirements on exports where it considers there is a high risk of the goods or related technology being diverted to a sanctioned person or destination. What are Sanctions End‑Use…
On 15 April 2026, the UK Office of Financial Sanctions Implementation (“OFSI”) published a strategy document setting out its intentions for 2026-29, and marking its 10 year anniversary. The strategy document establishes a framework built around the following pillars: In particular, OFSI has set itself a number of KPIs that signal its direction of travel. In particular, these include the following: OFSI has committed to monitor its progress against the KPIs, and to update where…