On 14 March 2025, the Office of Financial Sanctions Implementation (OFSI) issued a “Disclosure” against UK-registered and regulated charities for breaching Regulation 36 (6) of the Counter Terrorism (International Sanctions) (EU Exit) Regulations 2019 (the Regulations) by failing to respond to OFSI’s requests for information (RFI).
Continue Reading OFSI Takes Enforcement Action Against UK Charities
The UK Arbitration Act 2025 seeks to modernise arbitration law through a series of targeted reforms to the Arbitration Act 1996.
Continue Reading Arbitration Act 2025 Updates UK’s Dispute Resolution Framework
On Jan. 17, 2025, EU Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable in the EU.
DORA focusses on risk
Continue Reading Exploring DORA: Potential Implications for EU and UK Businesses
In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.”
Continue Reading UK FCA Letter Expresses Concerns About Fund Service Providers
On 13 January 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Financial Sanctions Implementation (OFSI)
Continue Reading US and UK Memorialize Cooperation on Economic Sanctions Enforcement
On 18 November 2024, a UK court fined English company EDM Limited £89,359.80 for export control rule violations, finding the company guilty on three counts
Continue Reading UK Company Fined for Breaking Export Rules
The December 2024 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
In March 2023, the Law Commission revealed its plan to review the Landlord and Tenant Act 1954 (“the 1954 Act”) as part of the Ministry
Continue Reading UK Commercial Lease Reforms: Law Commission Reviews Landlord and Tenant Act 1954
On 6 November 2024, the UK government published its long-awaited Guidance for the new offence of failure to prevent fraud (FTP Fraud Offence), which will
Continue Reading UK Failure to Prevent Fraud Offence Widens Net for Corporate Criminal Liability
The November 2024 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.