On 30 July 2020, the European Council announced its decision to impose sanctions against six individuals and three entities for their involvement in various cyber-attacks. The sanctions imposed include a travel ban and an asset freeze against the sanctioned parties, which include four members of Russia’s GRU military intelligence unit…

The UK Government published a notice to exporters on 4 August 2020, stating that the Export Control Joint Unit (ECJU) has removed Hong Kong as a permitted destination from 22 open general licences, including: 20 open general export licences (OGELs); 1 open general transhipment licence (OGTL); and 1 open general…

On 20 July 2020, the UK Foreign Secretary, Dominic Raab, announced that the UK will extend to Hong Kong an EU arms embargo that has applied to mainland China since 1989 (the “Arms Embargo”). This extension forms part of the UK Government’s response to the new Hong Kong National Security…

Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of key government intervention measures across jurisdictions around the globe in relation to: EU State Aid Approvals (where relevant); Debt; Foreign Investment Restrictions; Taxation.

Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of key government intervention measures across jurisdictions around the globe in relation to: Foreign Investment Restrictions Debt Equity Taxation EU State Aid Approvals (where relevant) Read report…

COVID-19 continues to wreak havoc with the global economy, disrupting all manner of business throughout the world. Stock markets have plummeted and many companies are having to grapple with the economic damage. There is a great deal of uncertainty in the transactional space, with many potential investors taking a cautious…

45 UK MPs and peers have signed a letter dated 18 March 2020 calling on Foreign Secretary, Dominic Raab, to ensure that the current UK Magnitsky legislation imposes sanctions on kleptocrats and corrupt oligarchs as well as on those who violate human rights. Their principal motivation stems from the fact that currently…

In response to the growing impact of the COVID-19 Coronavirus in Europe, a number of countries have implemented national controls to restrict the export of medicines and medical equipment, such as face masks, gloves, and protective clothing. Over the weekend, the EU Commission reviewed actions taken by Member States and,…

The science of compliance: SFO releases guidance on how it will assess corporate compliance programmes The SFO’s Operational Handbook1 has been updated with new guidance on how it will evaluate corporate compliance programmes (https://www.sfo.gov.uk/publications/guidance-policy-and- protocols/sfo-operational-handbook/). While the guidance is far less prescriptive than many corporates would wish and, in many…

Who Should Attend? In-house legal and compliance specialists working within the technology, media and telecoms sectors. Speakers from Baker McKenzie’s Global Trade & Commerce, Compliance & Investigations, Antitrust & Competition, IPTech, and TMT Groups will discuss managing compliance risks in the context of the Technology, Media & Telecoms sector. We…