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Sanctions update: UK bans services exports to Russia, cutting Russia off from UK services

Madeleine Byron

Madeleine Byron

Last week, the UK Foreign Secretary, Liz Truss, announced a ban on certain professional and PR services exports from the UK to Russia. The banned services include management consulting, public relations and accounting. The Foreign Secretary commented that the ban will help to ensure that Putin fails in Ukraine, by cutting off service exports that are fundamental to the Russian economy.

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Russian Sanctions – how they may affect you or your business

Madeleine Byron

Madeleine Byron

The UK Government recently imposed sanctions on Russia in light of the ongoing crisis in Ukraine. Asset freezes have been imposed on a number of individuals and entities. More information on individuals and entities subject to an asset freeze (“designated persons”) can be found on the UK Government’s website: https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets

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Get your ecommerce business ready for online sales

Madeleine Byron

Madeleine Byron

Ecommerce has seen remarkable growth over recent years, especially during lockdown, and is changing the landscape of how people buy and sell goods and services. The growth in ecommerce is shifting activity away from the high street to digital means, which in turn is changing the way businesses operate. In addition, the popularity of marketplace platforms, such as Amazon and Facebook, has made this growth even more noticeable.

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EU GDPR – will this affect your business?

Stephen Green

Remember the introduction of the General Data Protection Regulation (GDPR) that overhauled data protection rules a couple of years ago and required lots of changes to how individuals’ data was stored and processed?

Since the end of the Brexit transition period on 31 December 2020, UK businesses now have two versions of the GDPR to take into account – the UK GDPR and the EU GDPR.

 

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AstraZeneca contract with EU

The EU have published a redacted version of the Advanced Purchase Agreement it entered into with AstraZeneca AB for the supply of Covid 19 vaccine. This article considers the terms of the redacted version of the Agreement in light of the claims made by the EU Commission, the threats made by the Commission and the actions taken by the Commission.

I am a commercial contracts lawyer of over 20 years’ experience who has worked on contracts in the bio medical and pharmaceutical sector, and on Government and EU supply contracts for much of that period.   I caveat the contents of this article on the basis that I am an English qualified lawyer and the Agreement is subject to the laws of Belgium.  As such, some of this article by necessity is approached from an English law perspective.

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Contractual Considerations on Brexit

It is never too late to sort things out.  First published in 2018, this note, now updated, addresses how you may protect your business through your contracts, where border issues cause delays or prices need to be adjusted, and explains the new UKCA Mark.

Some questions you may ask yourself:

  • What happens if the borders are clogged up and I cannot deliver or receive goods
  • Who will be liable for tariffs in the event of a hard Brexit
  • Should I look at amending existing contracts or terminating contracts with a view to issuing new contracts
  • Will you have to register with a UK authority in place of an EU one?
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GP Practice: New to Partnership Payment

I have been asked by a GP Practice client to advise on the New to Partnership Payment which is a £20,000 payment to new Doctors (and others) who join a GP practice as a partner and is referred to in the Update issued 6th February 2020 (sections 2.14 – 2.16).  NHS England Update to the GP contract agreement 2020/21 – 2023/24

Although the details are not yet fully decided by NHS England, and detailed guidance is yet to be provided, based on the Update, the payment is payable where:

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Cyber security – the risks to your organisation

The recent news that foreign exchange company Travelex is being held to ransom by hackers after a cyber attack is a reminder to organisations that cyber security is a business-critical issue. The gang claiming to be behind the hack has demanded £4.6m and explained that they hacked into the Travelex databases six months before the ransom demand was issued on 31 December 2019, spending that period downloading client data including names, dates of birth, credit card details and national insurance numbers.

The attack has led to Travelex taking down its website in 30 countries and turning off its computer systems. Could your business recover from such an attack asks our Commercial team?

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Is the blockchain compatible with the GDPR?

In recent years, two popular topics of conversation have been the General Data Protection Regulation (GDPR) and the blockchain. The GDPR is legislation which provides new protection for individuals in relation to their personal data. The blockchain is a variant of distributed ledger technology, which some people believe will create new business models, cut costs, and provide new ways of verifying identity.

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Bermans sponsors Blockchain Meetup

On Tuesday 3 September, Bermans sponsored the latest Blockchain Manchester Meetup, hosted by our friends at BlockRocket.

Our Head of Corporate, Jon Davage, was there to give the audience a brief introduction to the services Bermans offers to entrepreneurs in the tech sector. Also present was our Commercial and IP team, who has been a regular attendee at these blockchain meetups.

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