UK introduces new million pound penalties for breach of sanctions
14.02.2017 | International Trade & Commodities
On 31 January 2017, the UK introduced legislation imposing new monetary penalties for serious breaches of financial sanctions.
Brexit update: Supreme Court rules on its constitutional implications
24.01.2017 | EU law, competition and regulation, International Trade & Commodities
The Supreme Court ruled that the UK Government must obtain Parliament’s approval before sending the Article 50 Notice and triggering the process of negotiations for the UK’s withdrawal from the EU.
One Belt One Road (OBOR)
27.10.2016 | Shipping, Energy, International Trade & Commodities, Business & Finance
One Belt One Road (OBOR) is arguably the most ambitious and controversial capital and infrastructure project of the 21st century. Led by the government in China this long term investment will involve 65 countries and impact 4.4 billion people.
Following terrorist threats, a new French law strengthens maritime security mechanisms
19.10.2016 | Shipping, International Trade & Commodities
The law n°2016-816 aimed at enhancing “blue growth” has been enacted on 20 June 2016 to adapt the French regulations to the new safety and economic issues in the maritime world.
Brexit begins: What are the implications for your business?
24.06.2016 | Business & Finance, Energy, Insurance & Reinsurance, International Trade & Commodities, Shipping
Yesterday, the UK electorate voted to leave the European Union by 51.9% to 48.1%. This will start a process with profound political, economic and social consequences for the UK and its neighbouring European countries.
Hong Kong on the frontline in enforcing new North Korea sanctions
14.03.2016 | International Trade & Commodities
Hong Kong has become one of the first jurisdictions to enforce the new, enhanced sanctions regime against North Korea pursuant to UN Security Council Resolution 2270 (the “Resolution”) passed on 2 March 2016.