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Clifford Chance

UK sanctions after Brexit – key changes of which to be aware

At 11pm on 31 December 2020, EU sanctions will cease to apply within the UK, and will be replaced by a new UK sanctions regime which is similar, but not identical to the current EU sanctions regime. In particular, there are a number of key differences both in drafting style and substance that will be relevant to compliance efforts by both UK and international businesses. In this briefing, we identify some of the key changes of which to be aware.

Briefings

30 December 2020

UK sanctions after Brexit – key changes of which to be aware

At 11pm on 31 December 2020, EU sanctions will cease to apply within the UK, and will be replaced by a new UK sanctions regime which is similar, but not identical to the current EU sanctions regime. In particular, there are a number of key differences both in drafting style and substance that will be relevant to compliance efforts by both UK and international businesses. In this briefing, we identify some of the key changes of which to be aware.

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