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Weekly practice compliance round-up: UK sanctions licensing, ICO employment records and Data Bill, AI cyber security Code, 'consent or pay', EDPB AI opinion, SRA DSAR disclosure guidance

Published on: 13 February 2025

Published by a LexisNexis Practice Compliance expert
Legal News
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Article summary

In this issue:

  • Financial sanctions
  • Data protection
  • Cybersecurity
  • Other practice compliance updates this week
  • Question of the week
  • Daily and weekly news alerts
  • Trackers
  • New and updated content

Financial sanctions

Office of Trade Sanctions Implementation updates guidance on trade sanctions licence applications

The Office of Trade Sanctions Implementation has updated its guidance for trade sanctions licence applications, with the latest revision on 10 February 2025 clarifying when an import licence cannot be issued. The guidance identifies three separate licensing authorities within the DBT: the Office of Trade Sanctions Implementation (OTSI) for standalone services, the Import Controls and Sanctions team for import licences, and the Export Control Joint Unit (ECJU) for strategic export licences. Import licences must be secured before goods are moved to the UK, and cannot be issued for consignments already at the UK border or held in storage before a customs declaration. The publication stresses that the appropriate licence must be in place before undertaking any activity prohibited under UK trade sanctions. See: LNB News 10/02/2025 37...

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