On 2 January, Baker Mckenzie reported that the Department for International Trade has recently published guidance on how the UK will transpose and implement the EU Blocking Regulation (Council Regulation (EC) 2271/96) post-Brexit. The EU Blocking Regulation seeks to counter the extra-territorial impact of certain US sanctions, currently in respect of Iran and Cuba. The UK Government’s guidance provides details on how the UK will implement and enforce the EU Blocking Regulation regime post-Brexit, and includes details about aspects of the UK’s regime.
The guidance itself is at –
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