The international trade environment has become more complex since the Brexit ‘implementation’ period ended on 31 December 2020 and the UK’s new autonomous sanctions regime entered legal effect. Entities operating across borders need to carefully assess which regimes they are subject to, and compliance efforts need to adapt and keep pace with the regulatory changes. While the UK use of sanctions as a policy tool is clear, we still wait to see how enforcement of the new regulations will unfold.
In this New Law Journal publication, FRA Partner Charlie Steele and Director Sarah Wrigley report on what to expect in the UK sanctions landscape post-Brexit.
They highlight legislative and regulatory changes, current policy drivers (including in relation to US and EU sanctions), the UK human rights sanction regime and the unique challenges of international partnerships and alliances.
Read the full article here.
This article was first published in New Law Journal: www.newlawjournal.co.uk