Client Alert: Sanctions Compliance: Are You Ready for Brexit?

When the clock strikes 11 pm on 31 December 2020, the UK will no longer apply EU sanctions and will implement its own autonomous regime. The central message delivered by the UK’s Office of Financial Sanctions Implementation (OFSI) is that while the new UK sanctions are intended to deliver substantially the same policy effect as the existing EU sanctions, they are not identical. Importantly, UK sanctions may apply to non-UK companies and non-UK nationals, so it is important that all companies and individuals with any UK nexus consider the effect of the new UK sanctions.When the clock strikes 11 pm on 31 December 2020, the UK will no longer apply EU sanctions and will implement its own autonomous regime. The central message delivered by the UK’s Office of Financial Sanctions Implementation (OFSI) is that while the new UK sanctions are intended to deliver substantially the same policy effect as the existing EU sanctions, they are not identical. Importantly, UK sanctions may apply to non-UK companies and non-UK nationals, so it is important that all companies and individuals with any UK nexus consider the effect of the new UK sanctions.

Click here to read the full client alert. 

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

Client Alert: Sanctions Compliance: Are You Ready for Brexit?

When the clock strikes 11 pm on 31 December 2020, the UK will no longer apply EU sanctions and will implement its own autonomous regime. The central message delivered by the UK’s Office of Financial Sanctions Implementation (OFSI) is that while the new UK sanctions are intended to deliver substantially the same policy effect as the existing EU sanctions, they are not identical. Importantly, UK sanctions may apply to non-UK companies and non-UK nationals, so it is important that all companies and individuals with any UK nexus consider the effect of the new UK sanctions.When the clock strikes 11 pm on 31 December 2020, the UK will no longer apply EU sanctions and will implement its own autonomous regime. The central message delivered by the UK’s Office of Financial Sanctions Implementation (OFSI) is that while the new UK sanctions are intended to deliver substantially the same policy effect as the existing EU sanctions, they are not identical. Importantly, UK sanctions may apply to non-UK companies and non-UK nationals, so it is important that all companies and individuals with any UK nexus consider the effect of the new UK sanctions.

Click here to read the full client alert. 

Related Locations

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

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