Kelley Drye & Warren LLP (LexBlog United Kingdom)

34 results for Kelley Drye & Warren LLP (LexBlog United Kingdom)

  • Congress to FTC: “Please Update the COPPA Rule Now”

    Amidst all of the recent news and developments about the privacy of kids and teens (including multiple Congressional hearings; Frances Haugen’s testimony; enactment of the UK’s and California’s Age Appropriate Design Codes; the Irish DPC’s GDPR decision against Instagram; numerous bills in Congress; and the FTC’s ongoing focus on kids’ privacy in policy statements, workshops,...

  • Latest UK Sanctions on Russia: Luxury Export Ban, Iron & Steel Import Ban, 200+ Asset Freezes

    Yesterday, the United Kingdom imposed additional restrictions on trade with Russia, including a luxury goods export ban, an iron and steel import ban, and asset freeze restrictions on over two-hundred Russian actors.  Notable sanctions targets include Eugene Tenenbaum and David Davidovich, prominent business associates of Roman Abramovich, whose frozen assets are estimated to be valued...

  • UK Imposes Asset Freeze on Sberbank, Credit Bank of Moscow, and Prominent Russian Oligarchs Active in Key Industries as Part of Latest Package of Measures

    Today, the United Kingdom announced its next package of sanctions on Russia. The measures, elements of which were implemented today, are aimed at reducing dependency on Russian energy, and further degrading Russia’s economy and capabilities.  In today’s action, the UK expanded its financial sanctions to subject Sberbank, the Credit Bank of Moscow, and Russian oligarchs...

  • Additional U.K. Sanctions Targeting Russian Industries, Banks, Elites; Belarusian Entities

    Today, the United Kingdom expanded sanctions on Russia by imposing asset freeze restrictions on 59 Russian and six Belarusian actors. The measures target key strategic industries in Russia, and include large banks, defense companies, and Russian elites. Of note, the following Russian banks and companies have been added to the U.K.’s consolidated asset freeze list:...

  • UK Sanctions Hundreds of Russians, Including Oligarchs & Elites

    Today, the United Kingdom imposed sanctions on more than 350 Russian individuals and entities, including Russian oligarchs, officials, elites, and their families. Also targeted by the expanded UK asset freeze measures are Russian actors engaged in certain cyber activities and operations, including the proliferation of disinformation and propaganda. These measures bring the United Kingdom’s Russia-

  • United Kingdom Expands Asset Freeze; Prominent Russian Figures Targeted

    Today, the United Kingdom added seven Russian businessmen to its asset freeze list.  Chief among the designations are Roman Abramovich, Igor Sechin, and Oleg Deripaska. Mr. Abramovich is best known for being the owner of Chelsea Football Club, which plays in England’s Premier League.  Mr. Sechin, who is already subject to U.S. and EU sanctions,...

  • United Kingdom Imposes Next Round of Trade Restrictions on Russia and Belarus

    Yesterday, the United Kingdom expanded export controls on shipments to Russia and imposed new sanctions on Russian and Belarusian parties in response to the ongoing conflict in Ukraine. The latest measures impose a dual-use trading ban on Russia, asset freezes on specified parties, and financial sanctions on Sberbank. Dual Use Export Controls The UK updated...

  • United Kingdom Sanctions Putin, EU and U.S. to Join Shortly

    Today, the United Kingdom imposed asset freeze restrictions on Vladimir Putin and Russian Foreign Minister Sergei Lavrov.  The largely symbolic measure requires that funds, assets, and economic resources subject to U.K. jurisdiction belonging to Putin and Lavrov be frozen. Media reports indicate that the United States and European Union will implement similar measures.  

  • United Kingdom Sanctions Putin, EU and U.S. to Join Shortly

    Today, the United Kingdom imposed asset freeze restrictions on Vladimir Putin and Russian Foreign Minister Sergei Lavrov.  The largely symbolic measure requires that funds, assets, and economic resources subject to U.K. jurisdiction belonging to Putin and Lavrov be frozen. Media reports indicate that the United States and European Union will implement similar measures.  

  • United Kingdom Imposes Broad New Sanctions on Russia

    Today, the United Kingdom imposed sanctions on Russia following Prime Minister Boris Johnson’sannouncement that the United Kingdom would significantly expand sanctions in response to the invasion of Ukraine.  The new measures target Russian finance, with the U.K. now joining the United States in imposing a full asset freeze on VTB Bank, prominent Russian individuals, and...

  • United Kingdom Imposes First Tranche of Sanctions on Russian Banks and High Net-Worth Individuals

    Today, the United Kingdom imposed sanctions on five Russian banks and three Russian oligarchs in response to the situation in eastern Ukraine.  The sanctions were imposed pursuant to recently strengthened sanctions authority that gives the U.K. government broad authority to impose Russia-related sanctions measures.  Today’s action applies asset freeze sanctions against the following banks and...

  • UK’s ASA Roasts Oatly’s Climate-Friendly Claims

    If you’re among the over 40% of U.S. consumers who vowed to change how you eat in the new year, fitting into pants that don’t have elastic waistbands may be one of numerous motivators.  For many consumers, climate considerations are increasingly among the dietary priorities, and 2022 looks likely to bring plates filled with climate-friendly...

  • Step Right Up: Opportunity to Shape new UK Tariff Policy

    The United Kingdom will need a new most favored nation tariff regime as early as January 2021 when the current Brexit transition could come to an end and is calling on businesses, consumers, and others to advise which tariffs should be eliminated or reduced. The EU’s Common External Tariff, which currently applies to all imports...

  • What Does Brexit Mean for Privacy Shield?

    Three and a half years after UK citizens voted to leave the EU, the country officially left the Union on January 31. One of the many questions resulting from the departure is what happens to the EU-U.S. Privacy Shield as it applies to personal data transferred from the UK. The Commerce Department’s FAQs on Privacy...

  • EU Traders’ Holiday Cheer in Short Order

    The holiday season is nearly upon us, yet things in the trade world are not so jolly.  The United Kingdom (UK) eked out a slight gain in the third quarter to avoid a recession.  In the fourth quarter, the usual High Street hustle and bustle is expected to be dampened somewhat as Brexit uncertainty continues...

  • UK Cannabis Market on the Brink of Change

    Those attempting to track the meandering Brexit trail in the three years since the referendum which decided that the United Kingdom (UK) would leave the European Union (EU) are well aware that the general election on 12 December most likely will determine the path forward. What that might mean for the cannabis market in the...

  • Brexit: Deal Done. Summit Ahead.

    The crowd of journalists, functionaries, trade association reps, and political junkies hovering in Brussels for fresh Brexit news grew over the course of the last week following what appeared to be a positive meeting between UK Prime Minister Boris Johnson and Irish Taoiseach Leo Varadkar. That meeting set the stage for what became intensified EU-UK...

  • Tough Negotiations Ahead on a UK-U.S. Trade Deal

    What happens next in British politics could mean a significant shift in the United Kingdom’s trade ties with the United States – but the hurdles are many and the process to reach results could be lengthy. Voting in the Conservative Party leadership contest closes today, with the winner and successor to UK Prime Minister Theresa...

  • Bespoke UK-EU Customs Union: Still a Viable Option?

    Results of the European elections held in the UK on 23 May resulted in a significant defeat for the ruling Conservative party and a win for the Brexit Party, a single issue political group seeking for the UK to withdraw from the European Union. Several contenders, including former Foreign Secretary Boris Johnson, are taking a...

  • What does the Brexit Flextension Mean for Business?

    On 10 April 2019, the European Union granted the United Kingdom a flexible extension, coined a “flextension”, until 31 October.  This additional period of time is intended, to allow the UK to ratify the Brexit Deal, an agreement devised between the EU and the UK for the orderly exit of the UK from the bloc....

  • Food Labels May Be Sticking Point in U.S.-U.K. Trade Deal

    On Thursday, the Office of the US Trade Representative (USTR) released the summary of specific negotiating objectives for a trade deal between the UK and US.   Among the USTR’s goals are to increase market access in the UK for US agricultural products, and ensure that “geographical indications” (GIs) do not undermine market access for US...

  • United Kingdom Legislating to Avoid a Legal Gap after Brexit but Warns UK Persons to Confirm the Details

    With or without a deal and unless there is a last minute extension, the United Kingdom will leave the European Union (EU) at 11 pm London time on 29 March 2019.  Since triggering the exit process, the UK has worked towards having a deal in place that would ensure a smooth departure, including a transition...

  • UK Cabinet Approves Brexit Agreement

    On 14 November 2018, the UK Cabinet approved an agreement permitting the orderly exit of the UK from the European Union (EU), commonly known as Brexit.  Without such Withdrawal Agreement, the UK would crash out of the EU on 30 March 2019, effectively paralyzing trade between the UK and the Bloc.  As of this date,...

  • Impact of a No-Deal Brexit on Agri-Food Business

    Both the EU and the UK are eager to achieve a Brexit deal.  However, with time running short and red lines continuing to be drawn on both sides, a no-deal Brexit scenario remains a possibility.  For this reason, both the EU27 and the UK are expediting preparations for a hard Brexit.  Absent any temporary arrangements,...

  • What are the prospects of a U.S.-UK trade agreement after Brexit?

    Brexiteers claim that leaving the EU single market and customs union creates a golden opportunity for the UK to regain power over its international trade.  The potential future post-Brexit free-trade agreement that has received the most attention is that between the U.S. and the UK.  A U.S.-UK Trade and Investment Working Group was set up in July 2017...

  • Preparing for the Worst: Licenses Needed for UK Export of Dual Use Items

    It has always been a possibility that the United Kingdom would crash out of the European Union on 30 March 2019 but “no deal” preparation is now highly recommended by both sides.  For organisations that export dual use items, the possibility of the UK becoming a “third country” vis-à-vis the EU without an exit agreement...

  • No Post-Brexit Arrangement on Data Protection Will Affect UK-EU Trade

    The European Union (EU) is preparing to treat the United Kingdom (UK) as a third country after its withdrawal from the bloc, commonly known as Brexit.  Unless a deal is agreed before 29 March 2019, the UK’s trade with the EU will be heavily impacted by regulatory restrictions, increased costs, and lengthier procedures applicable to...

  • No Post-Brexit Arrangement on Data Protection Will Affect UK-EU Trade

    The European Union (EU) is preparing to treat the United Kingdom (UK) as a third country after its withdrawal from the bloc, commonly known as Brexit.  Unless a deal is agreed before 29 March 2019, the UK’s trade with the EU will be heavily impacted by regulatory restrictions, increased costs, and lengthier procedures applicable to...

  • BREXIT UPDATE: European Commission Warns Importers and Exporters of Goods with Possible UK Origin

    On 4 June, the European Commission advised economic operators to prepare for the consequences of the United Kingdom leaving the European Union on their imports and exports.   Following the UK’s withdrawal, UK inputs, including materials and certain processing operations, will no longer be considered EU origin for purposes of enjoying preferential treatment.   Whether a particular...

  • UK Unpacks Encryption Controls

    Despite the fact that export controls on dual-use goods derive from international agreements such as the Wassenaar Arrangement, significant differences can be seen as controls are implemented by different countries. The same is true in the European Union notwithstanding the fact that the EU’s dual-use regulation (Council Regulation (EC) No. 428/2009) is binding on its...

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