Regulatory

Blog

Regulatory

The Regulatory Blog is an informal and up to date news and information service of key regulatory developments in our jurisdictions: the BVI, the Cayman Islands, Cyprus and Luxembourg. We intend to include the latest financial services, anti-money laundering, sanctions and related developments within our remit.

Contributors

Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
  • George Apostolou

  • Partner
  • Cyprus
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
  • Philip Graham

  • Partner
  • British Virgin Islands
Ayana Hull
Ayana Hull
  • Ayana Hull

  • Counsel
  • British Virgin Islands
Katerina Katsiami
Katerina Katsiami
  • Katerina Katsiami

  • Associate
  • Cyprus
Andrew Knight
Andrew Knight
  • Andrew Knight

  • Partner
  • Luxembourg
Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
  • British Virgin Islands
Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
  • Hong Kong
Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Consultant
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Counsel
  • Cayman Islands

UK extends renewed Myanmar sanctions to the Overseas Territories

Hot on the trail of equivalent legislation in the UK, the Myanmar (Sanctions) (Overseas Territories) Order 2021 (the Myanmar OT Order) was made on 28 April 2021 and came into force on 29 April 2021. The Myanmar OT Order extends renewed UK sanctions on Myanmar (Burma) to Anguilla, the British Virgin Islands and the Cayman Islands among others. Bermuda has also given effect to the Myanmar OT Order.

Mirza Manraj

EU revokes sanctions regime in Egypt

On 12 March 2021, the Council of the EU revoked the bloc’s framework for sanctions against persons identified as responsible for the misappropriation of Egyptian state funds and lifted the restrictive measures currently in force against nine Egyptian individuals.

Aki Corsoni-Husain, Chiara Deceglie,
Mirza Manraj

EU: Alexandr Lukashenko and 14 other officials sanctioned

On 6 November 2020, EU Council added 15 members of the Belarusian authorities, including Alexandr Lukashenko as well as his son and national security adviser Viktor Lukashenko, to the list of individuals sanctioned in relation to the violent repression and intimidation of peaceful demonstrators, opposition members and journalists after the 2020 presidential election in Belarus by adopting Council Implementing Regulation (EU) 2020/1648 and Council Implementing Decision (CFSP) 2020/1650.

Aki Corsoni-Husain