
Align or divide? The road to the UK Sanctions Policy 2021
The UK government published new guidance on its Sanctions Policy that will come into effect after December 31, 2020. This means urgent actions for traders.
The UK government published new guidance on its Sanctions Policy that will come into effect after December 31, 2020. This means urgent actions for traders.
On the last day of January, the UK government released official guidance on its sanctions policy after December 31, 2020 – the date marking the official end of the Brexit Transition Period.
We have previously reported on official developments of the policies governing the future UK sanctions list and embargoes. You can find a good summary of official progress to date here.
And you can find the official guidance published by the UK government on January 31, 2020 here.
The essence of this notification and what it means for UK companies involved in trading controlled items and dual-use goods (including technology transfers) across UK borders is summarized below.
If the UK sanctions list and embargoes are relevant for you but you do not have a compliance program or an export controls solution in place:
Learn more about Export Controls preparations for Brexit
Please follow official developments for preparations during the Brexit Transition Period carefully. You can refer to the UK Government Tracker and all relevant trader notification in our AEB Brexit Tool Kit for Traders in the UK – just scroll down.
If you are already using AEB solutions for your Import Filing, Export Filing, Broker Integration and Export Controls, you are receiving additional updates via our service teams on Brexit.
And please contact us if you would like to discuss your individual software requirements to prepare your cross-border trade.
Go to original UK government notification
Applicable as of 11pm on December 31, 2020 (after the Transition Period):
Some EU sanctions regimes may not be addressed through regulations under the Sanctions Act by December 31, 2020?
The government will publish the names of sanctioned people or entities and will keep the business community posted with further guidance once new regulations are published.