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On Demand Webinar
Regardless of whether they originated at the U.N., E.U., or OSCE, the U.K. currently derives all of its economic sanctions regimes from European law. However, since the historical U.K. decision to leave the E.U. (or ‘Brexit’), it has been unclear how exactly the U.K. will implement sanctions policy after the divorce.
The new Sanctions and Anti-Money Laundering Bill (or SAMLA), which was passed by Parliament in Spring 2018, provides the U.K. powers to impose, update, and lift sanctions once the U.K. leaves the E.U. in March 2019. But will the U.K. sanctions landscape stay the same, or is it likely to change drastically? What are the new compliance implications, if any, for U.K. and global companies?
In this SanctionsAlert.com webinar, our speakers will untangle the SAMLA web and provide insight into how the U.K. sanctions might (or might not) change when it is implemented next year.
You will learn:
- The implications of SAMLA’s powers and penalties;
- What the future holds regarding cooperation with E.U. and International allies, including potential divergence from other sanctions regimes;
- ‘Designation by description’ and what that will mean from a compliance perspective;
- A break down of Government guidance provided thus far;
- Details of any expanded reporting obligations; and
- Potential licensing opportunities and/or changes to policy.
December 6, 2018