UK GOVERNMENT PUBLISHES GUIDANCE ON UK IMPLEMENTATION OF EU BLOCKING REGULATION POST-BREXIT

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.

https://globalcompliancenews.com/uk-government-publishes-guidance-on-uk-implementation-of-eu-blocking-regulation-post-brexit-02122020/

The guidance itself is at –

https://www.gov.uk/guidance/protection-of-trading-interests-retained-blocking-regulations-from-1-january-2021

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017