Tristan J. Grimmer

Sep 13, 2024 | sanctionsnews.bakermckenzie.com | Tristan J. Grimmer |Andrew Rose |Sophie Armstrong

On 12 September, the UK Government announced new powers for the civil enforcement of trade sanctions pursuant to the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024, the “Trade Enforcement Regulations“). From 10 October 2024, the Government will be able to impose penalties of up to GBP 1 million or 50% of the value of breaches of trade sanctions (whichever is greater) in relation to certain breaches of UK trade sanctions.

Aug 12, 2024 | sanctionsnews.bakermckenzie.com | Ben Smith |Tristan J. Grimmer

The Middle East is an increasingly important jurisdiction for Western governments from a Russia sanctions foreign policy perspective, as there is a perception that increased trade flows between the Middle East and Russia means that Western sanctions are effectively being circumvented.

Aug 12, 2024 | lexology.com | Ben Smith |Tristan J. Grimmer

Click here to watch the video The Middle East is an increasingly important jurisdiction for Western governments from a Russia sanctions foreign policy perspective, as there is a perception that increased trade flows between the Middle East and Russia means that Western sanctions are effectively being circumvented.

Nov 17, 2023 | sanctionsnews.bakermckenzie.com | Julian Godfray |Tristan J. Grimmer

The UK Office of Financial Sanctions Implementation (“OFSI”) and the Foreign, Commonwealth and Development Office (“FCDO”) have issued joint guidance (“Joint Guidance”) on the application of the UK’s “ownership and control” test under financial sanctions legislation in circumstances involving designation of public officials.

Sep 29, 2023 | globalinvestigationsreview.com | Tristan J. Grimmer |Ben Smith |Sophie Armstrong

This is an Insight article, written by a selected partner as part of GIR's co-published content. Read more on Insight Overview of UK export controlsPost-Brexit, the UK now has an export control regime that is independent from that of the European Union, governing the movement of dual-use and other sensitive goods from the UK (alongside pre-existing stand-alone UK export controls on military and other items).