Background On 23 May 2018, the Sanctions and Anti-Money Laundering Act became law in the United Kingdom. Its aim is to provide a legal framework to allow the UK to impose sanctions and implement its own sanctions regime once the UK leaves the EU on 29 March 2019. However, the Bill…
It’s hardly news to any company whose business extends beyond its country’s own borders that the Brexit is a subject that demands close, continuous monitoring. In the global marketplace, practically any move by any major (and in some cases, minor) economic player could trigger revisions in how a company should…