The July 2022 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
REPO Task Force: The First 100 Days
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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OFSI Fines UK Company for Financial Sanctions Breach
The UK Office of Financial Sanctions Implementation (OFSI) announced on 28 June that it imposed a £15,000 penalty on UK company Tracerco Limited for breaching
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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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GT Newsletter | Competition Currents | June 2022
The June 2022 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
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UPDATE: UK Announces Expansion of Trade Sanctions Against Russia and Belarus
On 9 May, the UK government announced it was targeting Russia and Belarus with a 35% increase in import tariffs to be imposed on precious
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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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Competition Currents | May 2022
The May 2022 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
In a hearing yesterday, 6 April 2022, the High Court considered an application of the directors of VTB Capital PLC (VTB UK) for the appointment
Continue Reading ‘An unusual case in all sorts of ways’ – English High Court Considers Administration Application for Russian VTB Bank’s London Arm
Greenberg Traurig Succeeds in Limitation Trial for Client Tradition Financial Services Ltd
In a judgment handed down by Marcus Smith J, the High Court Judge (Chancery Division) held that the Claimants’ claims brought against Tradition Financial Services
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