Key topics - Osborne Clarke

Sanctions, ownership and related issues

The speed at which financial and trade sanctions, and other measures aimed at entities and individuals, can be implemented to react to geo-political events means that companies have to be confident they have a robust sanctions and related compliance programme in place, and that transactions with potential sanctions implications can be escalated and dealt with at the appropriate level.

Our experienced team advises clients on all aspects of UN, EU and UK sanctions compliance and related issues. If you would like to discuss any issues, please get in touch with us or your usual Osborne Clarke contacts.

Article list

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2024

Office of Trade Sanctions Implementation launch | G7 issues guidance for industry on preventing Russian export controls and sanctions evasion

03/10/2024

Read time 3m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook September 2024

Office of Trade Sanctions Implementation | Annual frozen asset reporting exercise | UK amends Russia Regulations on legal advisory services

25/09/2024

Read time 4m

Sanctions, ownership and related issues

UK Office of Trade Sanctions Implementation to arrive for October launch

New enforcement body's powers impose additional compliance burdens on industry, financial services and legal sectors

24/09/2024

Read time 5m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook July 2024

How the UK sanctions regime against Russia has developed | Office of Financial Sanctions Implementation | Updated guidance on director...

25/07/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook April 2024

UK Sanctions Perceptions Survey | UK and US crackdown on trade of Russian metals | OFSI issues maritime sector guidance

23/04/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook March 2024

UK government sanctions strategy paper | Treasury Committee inquiry into effectiveness of UK's Russia sanctions regime | Russia (Sanctions) (Overseas...

27/03/2024

Read time 3m

Dispute resolution

UK sanctions against Russia two years on – how have things changed?

In this video, Nick Price and Kristian Assirati discuss how the regime has developed, its impact on businesses and OFSI's...

21/03/2024

Read time 1m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook February 2024

OFSI guidance on new reporting requirements for designated persons | Sanctions evasion risk alerts | UK updates Russia sanctions guidance

28/02/2024

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook January 2024

New trade and financial sanctions against Russia | OFSI updates correspondent banking restrictions and oil price cap | New unit...

11/01/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Controls | UK Regulatory Outlook November 2023

FCDO and OFSI guidance on ownership and control in UK sanctions regimes | NECC red alert on abuse of gold...

29/11/2023

Read time 2m

Regulatory and compliance

UK Sanctions Update: Welcome clarification from the FCDO and OFSI that 'ordinary' companies in Russia are not deemed controlled by the president

The guidance reacts effectively to a recent controversial Court of Appeal decision

17/11/2023

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2023

New Export Control Regulations to come into force| FCDO statement following Boris Mints judgment | UK and EU Russian iron...

31/10/2023

Read time 2m

Regulatory and compliance

UK sanctions: is every company in Russia controlled by Putin?

Surprise Court of Appeal opinion has potentially wide-ranging impact on UK businesses dealing with Russian companies

11/10/2023

Read time 4m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook September 2023

Guidance on Russian iron and steel import ban | OFSI publishes guidance on disclosure enforcement powers | HM Treasury frozen...

27/09/2023

Read time 2m

Sanctions, ownership and related issues

UK OFSI issues first 'disclosure notice' censuring sanctions breach

Decision provides guidance on compliance as Financial Conduct Authority issues its own sanctions-compliance findings

19/09/2023

Read time 4m

Competition, antitrust and trade

How has the UK National Security and Investment Act shaped up 18 months on?

The second NSIA annual report gives investors crucial insight into the practical impact of the legislation on UK M&A

26/07/2023

Read time 4m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook July 2023

New Russia sanctions on legal advisory services | OFAC/OFSI publishes humanitarian assistance factsheet in relation to Russia sanctions | OFSI...

26/07/2023

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook June 2023

UK brings in further Russian sanctions legislation | OFSI publishes updated Oil Price Cap guidance and issues new General Licence...

26/06/2023

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook May 2023

General licence for legal fees extended | OFSI publishes travel guidance

25/05/2023

Read time 1m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook April 2023

Further trade sanctions against Russia | OFSI issues General Licences for bond amendments and restructurings | Government commits to combatting...

27/04/2023

Read time 2m

Sanctions, ownership and related issues

The evolving UK sanctions regime: five practical points for businesses

The increasingly complex sanctions landscape over the past 12 months provides lessons in managing risk

28/03/2023

Read time 4m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook February 2023

OFSI issues new ransomware sanctions guidance | UK government publishes updated Russia services sanctions guidance | OFSI publishes update on...

28/02/2023

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2022

UK sanctions in response to Putin's illegal annexation of Ukrainian regions | European Council adopts eighth package of sanctions against...

26/10/2022

Read time 1m

Regulatory Outlook

Sanctions and export control | Regulatory Outlook July 2022

Government introduces new sanctions legislation against Belarus | OFSI developments

28/07/2022

Read time 1m

Sanctions, ownership and related issues

New sanctions reporting obligation on crypto-asset exchanges and custodian wallet providers

New regulations increasing the obligations to report under the UK financial sanctions regime are likely to impose significant burdens on...

20/07/2022

Read time 3m

Future-proofing supply chains

The impact of financial sanctions on supply chains

Sanctions may affect payment and delivery or require the unwinding of commercial arrangements – and there are a number of...

15/07/2022

Read time 6m

Sanctions, ownership and related issues

OFSI issues a 'red alert' on how to spot sanctions evasion

UK's recently imposed strict liability test for breaches of sanctions regime underlines importance for businesses of understanding indicators of evasion

13/07/2022

Read time 2m

Sanctions, ownership and related issues

Sanctions update: strict liability test comes into force with revised guidance from OFSI

UK regulator OFSI sets out its approach to new rules imposing a strict liability test for breaching the sanctions regime

15/06/2022

Read time 3m

Sanctions, ownership and related issues

FCA encourages reporting on financial sanctions

FCA seeks further reporting about suspected sanctions evasion or weak sanction controls

25/05/2022

Read time 3m

Regulatory Outlook

Regulatory Outlook | May 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

24/05/2022

Read time 34m

Intellectual property

Russia Retaliates Against Sanctions by Curtailing Foreign Owners’ IP rights

The Russian government has responded to western sanctions with new legislation designed to undermine the intellectual property (IP) rights of...

05/05/2022

Read time 1m

Regulatory Outlook

Regulatory Outlook | April 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/04/2022

Read time 34m

Regulatory Outlook

Regulatory Outlook | March 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/03/2022

Read time 26m

Real estate

New beneficial ownership register for overseas entities holding UK real estate – 10 things you need to know

Overseas entities affected by the new legislation should assess their position now as the deadline for compliance is just six...

16/03/2022

Read time 5m

Regulatory and compliance

Ukraine war: Further sanctions imposed and related steps taken by the UK government

Government designates additional sanctions targets, extends export bans and intends to stop Russian oil imports

11/03/2022

Read time 2m

Sanctions, ownership and related issues

Termination of cooperation with a Russian counterparty

Withdrawal from cooperation with Russian companies or discontinuation of business activity in Russia may involve different legal contexts which largely...

11/03/2022

Read time 3m

Employment and pensions

Ukraine crisis: new guidance for pension scheme trustees

The Pensions Regulator has published guidance for trustees on what it expects them to do and think about in light...

07/03/2022

Read time 1m

Energy and Utilities

Ukraine crisis: How might UK decentralised and renewable energy generators be affected by sanctions?

Generators and users can takes steps to prepare for sanctions on Russian-owned participants in the UK energy industry

04/03/2022

Read time 4m

Regulatory and compliance

Ukraine crisis: Further legislation introduced by the UK Parliament to strengthen sanctions compliance

UK government introduces Economic Crime Bill, amends sanctions regulations, and designates new targets and export controls

02/03/2022

Read time 3m

Regulatory and compliance

Government brings forward Economic Crime Bill: Unexplained Wealth Orders, sanctions, and other developments

What do businesses need to know about the new UK Economic Crime Bill?

02/03/2022

Read time 2m

The Built Environment

What does the UK Economic Crime Bill mean for beneficial holders of UK real estate?

Greater transparency in the UK real estate market is to be welcomed

01/03/2022

Read time 4m

Corporate

Companies House transparency reforms to be introduced as part of second Economic Crime Bill

The long-awaited reforms will have profound implications for how companies are administered in the UK

01/03/2022

Read time 4m

Regulatory Outlook

Regulatory Outlook | February 2022

Welcome to the Regulatory Outlook providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/02/2022

Read time 27m

Dispute resolution

Ukraine crisis: The UK and the EU announce more sanctions

Additional sanctions are the likely precursor to further measures by the UK and the EU as well as the US

25/02/2022

Read time 2m

Dispute resolution

Ukraine crisis: what will UK, EU and US sanctions mean for businesses?

How is the international response evolving, how do financial sanctions work, and what steps can mitigate the risk to companies?

24/02/2022

Read time 4m

Regulatory Outlook

Regulatory Outlook | January 2022

Welcome to our Regulatory Outlook. This revamped version of the Regulatory Outlook provides you with high-level summaries of important forthcoming...

26/01/2022

Read time 32m

Financial Services

Fintech firm's fine for Russian payments highlights breadth of UK sanctions regime

The UK financial sanctions watchdog's fine of TransferGo is a reminder that the sanctions regime applies to fintechs and must...

06/08/2021

Read time 5m

Regulatory Outlook

Regulatory Outlook | Sanctions and dual-use export control | July 2021

20/07/2021

Read time 3m

IT and data

China announces new regulation on data security sanctions

Ride-hailing app Didi Chuxing's Wall Street IPO has prompted a probe from China's internet regulators amid an overhaul of national...

14/07/2021

Read time 3m

Managing risk in a transforming world

Managing Risk in a Transforming World | The new UK Sanctions Regime

03/03/2021

Read time 4m

Dispute resolution

Ransomware: to pay or not to pay?

Businesses up against a ransom threat face a difficult decision, but going into it with open eyes and a clear...

Regulatory Timeline: Dual Use Goods Export Regulation

25/02/2015

Read time 1m

Sanctions, ownership and related issues

Sanctions Briefing Update: Ukraine and Russia: 19 Sep 2014

19/09/2014

Read time 5m

View all insights

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2024

Office of Trade Sanctions Implementation launch | G7 issues guidance for industry on preventing Russian export controls and sanctions evasion

03/10/2024

Read time 3m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook September 2024

Office of Trade Sanctions Implementation | Annual frozen asset reporting exercise | UK amends Russia Regulations on legal advisory services

25/09/2024

Read time 4m

Sanctions, ownership and related issues

UK Office of Trade Sanctions Implementation to arrive for October launch

New enforcement body's powers impose additional compliance burdens on industry, financial services and legal sectors

24/09/2024

Read time 5m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook July 2024

How the UK sanctions regime against Russia has developed | Office of Financial Sanctions Implementation | Updated guidance on director...

25/07/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook April 2024

UK Sanctions Perceptions Survey | UK and US crackdown on trade of Russian metals | OFSI issues maritime sector guidance

23/04/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook March 2024

UK government sanctions strategy paper | Treasury Committee inquiry into effectiveness of UK's Russia sanctions regime | Russia (Sanctions) (Overseas...

27/03/2024

Read time 3m

Dispute resolution

UK sanctions against Russia two years on – how have things changed?

In this video, Nick Price and Kristian Assirati discuss how the regime has developed, its impact on businesses and OFSI's...

21/03/2024

Read time 1m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook February 2024

OFSI guidance on new reporting requirements for designated persons | Sanctions evasion risk alerts | UK updates Russia sanctions guidance

28/02/2024

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook January 2024

New trade and financial sanctions against Russia | OFSI updates correspondent banking restrictions and oil price cap | New unit...

11/01/2024

Read time 2m

Regulatory Outlook

Sanctions and Export Controls | UK Regulatory Outlook November 2023

FCDO and OFSI guidance on ownership and control in UK sanctions regimes | NECC red alert on abuse of gold...

29/11/2023

Read time 2m

Regulatory and compliance

UK Sanctions Update: Welcome clarification from the FCDO and OFSI that 'ordinary' companies in Russia are not deemed controlled by the president

The guidance reacts effectively to a recent controversial Court of Appeal decision

17/11/2023

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2023

New Export Control Regulations to come into force| FCDO statement following Boris Mints judgment | UK and EU Russian iron...

31/10/2023

Read time 2m

Regulatory and compliance

UK sanctions: is every company in Russia controlled by Putin?

Surprise Court of Appeal opinion has potentially wide-ranging impact on UK businesses dealing with Russian companies

11/10/2023

Read time 4m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook September 2023

Guidance on Russian iron and steel import ban | OFSI publishes guidance on disclosure enforcement powers | HM Treasury frozen...

27/09/2023

Read time 2m

Sanctions, ownership and related issues

UK OFSI issues first 'disclosure notice' censuring sanctions breach

Decision provides guidance on compliance as Financial Conduct Authority issues its own sanctions-compliance findings

19/09/2023

Read time 4m

Competition, antitrust and trade

How has the UK National Security and Investment Act shaped up 18 months on?

The second NSIA annual report gives investors crucial insight into the practical impact of the legislation on UK M&A

26/07/2023

Read time 4m

Regulatory Outlook

Sanctions and export control | UK Regulatory Outlook July 2023

New Russia sanctions on legal advisory services | OFAC/OFSI publishes humanitarian assistance factsheet in relation to Russia sanctions | OFSI...

26/07/2023

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook June 2023

UK brings in further Russian sanctions legislation | OFSI publishes updated Oil Price Cap guidance and issues new General Licence...

26/06/2023

Read time 3m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook May 2023

General licence for legal fees extended | OFSI publishes travel guidance

25/05/2023

Read time 1m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook April 2023

Further trade sanctions against Russia | OFSI issues General Licences for bond amendments and restructurings | Government commits to combatting...

27/04/2023

Read time 2m

Sanctions, ownership and related issues

The evolving UK sanctions regime: five practical points for businesses

The increasingly complex sanctions landscape over the past 12 months provides lessons in managing risk

28/03/2023

Read time 4m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook February 2023

OFSI issues new ransomware sanctions guidance | UK government publishes updated Russia services sanctions guidance | OFSI publishes update on...

28/02/2023

Read time 2m

Regulatory Outlook

Sanctions and Export Control | UK Regulatory Outlook October 2022

UK sanctions in response to Putin's illegal annexation of Ukrainian regions | European Council adopts eighth package of sanctions against...

26/10/2022

Read time 1m

Regulatory Outlook

Sanctions and export control | Regulatory Outlook July 2022

Government introduces new sanctions legislation against Belarus | OFSI developments

28/07/2022

Read time 1m

Sanctions, ownership and related issues

New sanctions reporting obligation on crypto-asset exchanges and custodian wallet providers

New regulations increasing the obligations to report under the UK financial sanctions regime are likely to impose significant burdens on...

20/07/2022

Read time 3m

Future-proofing supply chains

The impact of financial sanctions on supply chains

Sanctions may affect payment and delivery or require the unwinding of commercial arrangements – and there are a number of...

15/07/2022

Read time 6m

Sanctions, ownership and related issues

OFSI issues a 'red alert' on how to spot sanctions evasion

UK's recently imposed strict liability test for breaches of sanctions regime underlines importance for businesses of understanding indicators of evasion

13/07/2022

Read time 2m

Sanctions, ownership and related issues

Sanctions update: strict liability test comes into force with revised guidance from OFSI

UK regulator OFSI sets out its approach to new rules imposing a strict liability test for breaching the sanctions regime

15/06/2022

Read time 3m

Sanctions, ownership and related issues

FCA encourages reporting on financial sanctions

FCA seeks further reporting about suspected sanctions evasion or weak sanction controls

25/05/2022

Read time 3m

Regulatory Outlook

Regulatory Outlook | May 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

24/05/2022

Read time 34m

Intellectual property

Russia Retaliates Against Sanctions by Curtailing Foreign Owners’ IP rights

The Russian government has responded to western sanctions with new legislation designed to undermine the intellectual property (IP) rights of...

05/05/2022

Read time 1m

Regulatory Outlook

Regulatory Outlook | April 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/04/2022

Read time 34m

Regulatory Outlook

Regulatory Outlook | March 2022

Welcome to the Regulatory Outlook, providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/03/2022

Read time 26m

Real estate

New beneficial ownership register for overseas entities holding UK real estate – 10 things you need to know

Overseas entities affected by the new legislation should assess their position now as the deadline for compliance is just six...

16/03/2022

Read time 5m

Regulatory and compliance

Ukraine war: Further sanctions imposed and related steps taken by the UK government

Government designates additional sanctions targets, extends export bans and intends to stop Russian oil imports

11/03/2022

Read time 2m

Sanctions, ownership and related issues

Termination of cooperation with a Russian counterparty

Withdrawal from cooperation with Russian companies or discontinuation of business activity in Russia may involve different legal contexts which largely...

11/03/2022

Read time 3m

Employment and pensions

Ukraine crisis: new guidance for pension scheme trustees

The Pensions Regulator has published guidance for trustees on what it expects them to do and think about in light...

07/03/2022

Read time 1m

Energy and Utilities

Ukraine crisis: How might UK decentralised and renewable energy generators be affected by sanctions?

Generators and users can takes steps to prepare for sanctions on Russian-owned participants in the UK energy industry

04/03/2022

Read time 4m

Regulatory and compliance

Ukraine crisis: Further legislation introduced by the UK Parliament to strengthen sanctions compliance

UK government introduces Economic Crime Bill, amends sanctions regulations, and designates new targets and export controls

02/03/2022

Read time 3m

Regulatory and compliance

Government brings forward Economic Crime Bill: Unexplained Wealth Orders, sanctions, and other developments

What do businesses need to know about the new UK Economic Crime Bill?

02/03/2022

Read time 2m

The Built Environment

What does the UK Economic Crime Bill mean for beneficial holders of UK real estate?

Greater transparency in the UK real estate market is to be welcomed

01/03/2022

Read time 4m

Corporate

Companies House transparency reforms to be introduced as part of second Economic Crime Bill

The long-awaited reforms will have profound implications for how companies are administered in the UK

01/03/2022

Read time 4m

Regulatory Outlook

Regulatory Outlook | February 2022

Welcome to the Regulatory Outlook providing you with high-level summaries of important forthcoming regulatory developments to help you navigate the...

28/02/2022

Read time 27m

Dispute resolution

Ukraine crisis: The UK and the EU announce more sanctions

Additional sanctions are the likely precursor to further measures by the UK and the EU as well as the US

25/02/2022

Read time 2m

Dispute resolution

Ukraine crisis: what will UK, EU and US sanctions mean for businesses?

How is the international response evolving, how do financial sanctions work, and what steps can mitigate the risk to companies?

24/02/2022

Read time 4m

Regulatory Outlook

Regulatory Outlook | January 2022

Welcome to our Regulatory Outlook. This revamped version of the Regulatory Outlook provides you with high-level summaries of important forthcoming...

26/01/2022

Read time 32m

Financial Services

Fintech firm's fine for Russian payments highlights breadth of UK sanctions regime

The UK financial sanctions watchdog's fine of TransferGo is a reminder that the sanctions regime applies to fintechs and must...

06/08/2021

Read time 5m

Regulatory Outlook

Regulatory Outlook | Sanctions and dual-use export control | July 2021

20/07/2021

Read time 3m

IT and data

China announces new regulation on data security sanctions

Ride-hailing app Didi Chuxing's Wall Street IPO has prompted a probe from China's internet regulators amid an overhaul of national...

14/07/2021

Read time 3m

Managing risk in a transforming world

Managing Risk in a Transforming World | The new UK Sanctions Regime

03/03/2021

Read time 4m

Dispute resolution

Ransomware: to pay or not to pay?

Businesses up against a ransom threat face a difficult decision, but going into it with open eyes and a clear...

Regulatory Timeline: Dual Use Goods Export Regulation

25/02/2015

Read time 1m

Sanctions, ownership and related issues

Sanctions Briefing Update: Ukraine and Russia: 19 Sep 2014

19/09/2014

Read time 5m

View all insights

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Belgium

China

France

Germany

India

Italy

Poland

Singapore

Spain

Sweden

The Netherlands

UK

USA

Insights

Sanctions, ownership and related issues

Article list