On June 29, the Russian Elites, Proxies, and Oligarchs (REPO) Task Force published a statement on its work in blocking or freezing sanctioned Russian assets.
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New Era in UK Sanctions Enforcement: Introduction of Strict Liability Standard and OFSI Guidance Update
On 15 June 2022, the UK Office of Financial Sanctions Implementation (OFSI) implemented important changes to its enforcement powers and updated its “Monetary Penalty” guidance.
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Update: UK Bans Exports of UK Professional Services to Russia and Includes Evraz plc on the UK Sanctions List
On 4 May 2022, the UK government announced[1] a ban on UK persons or entities exporting certain professional services to Russia, prohibiting Russian businesses
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UK Russian Sanctions – Updated Guidance on Ownership and Control
The UK Office of Financial Sanctions Implementation (OFSI) has updated its guidance on ownership and control. If a person or entity is on the UK
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UK Introduces Economic Crime Legislation in Wake of Russian Invasion of Ukraine
As anticipated in our previous GT Alert, the UK government is bringing forward its economic crime legislation in response to Russia’s invasion of Ukraine.
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What Steps Other than Sanctions Might the UK Government Take Against Russian Assets in the UK?
The invasion of Ukraine by Russian forces was much heralded by U.S. and UK intelligence services but the scale of the attack seemed to take
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UK Issues Sanctions Against Russia Following President Putin’s Attack on Ukraine
On Feb. 24, 2022, Prime Minister Boris Johnson announced a comprehensive package of sanctions targeting Russian entities and individuals following President Vladimir Putin’s invasion of
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UK COVID-19 Inquiry Chair Announced
On Dec. 15 Prime Minister Boris Johnson announced the appointment of Baroness Heather Hallett as chair of the forthcoming public inquiry into the COVID-19 pandemic.
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Batteries Not Included: Challenges and Opportunities for Electric Vehicles and Decarbonisation in the United Kingdom
Never has there been such global consensus on the requirement to reduce greenhouse gas (GHG) emissions. There is rarely a single day without media reports
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UK National Security and Investment Act: Comprehensive and Rigorous Control Over Acquisitions of Businesses and Assets
The UK National Security and Investment Act 2021 (Act) was given Royal Assent on 29 April 2021. When it comes into force later
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