New EU sanctions package crackdown on third country businesses evading Russia sanctions The European Union (EU) adopted a 13th package of sanctions against Russia last month to mark two years since Russia’s invasion of Ukraine. In line with European Commission President Ursula von der Leyen’s pronouncement that "we must keep degrading [...]
The European Union’s Anti-Coercion Instrument (ACI) regulation is a novel and significant development in international trade law which came into force on 27th December 2023. The new trade instrument will enable the European Union (EU) to deal with foreign countries’ efforts to influence or coerce the EU or a particular [...]
In this Federal Trust video, our Council member Graham Bishop describes the growing risks to the City of London from Brexit. He contrasts the methodical approach of the European Union to building its Capital and Banking Union with the confused rhetoric of the British government. He concludes by warning that [...]
In this Federal Trust Briefing, financial expert Graham Bishop argues that three years after leaving the EU, there are no discernible signs of any benefits from Brexit for the UK financial sector. As the City's leaders are recognising with growing alarm, the City’s international standing is slowly sinking. Leadership seems [...]
The European Union (EU) has earned the title of becoming the world’s first jurisdiction to introduce a regulatory environment specifically for overseeing a market in crypto-assets. Meantime, the UK government is currently drafting legislation on this sector while the US is said to be examining the EU’s new regulation with [...]
Following recent protracted post-Brexit negotiations on the Northern Ireland Protocol (the Protocol), there persists an underlying crisis of mistrust between the United Kingdom government and the European Union. This is in spite of the UK Parliament passing the arduously negotiated Stormont Brake provisions of the UK-EU Windsor Framework on Wednesday, [...]
In this new Federal Trust video our Chairman John Stevens and Director Brendan Donnelly discuss the implications of the Credit Suisse collapse for the City and for Brexit. They conclude that the collapse of CS makes the British government's deregulation agenda for the City even less viable than before; and [...]
New EU extra-territorial level playing field rules may adversely impact UK investment in the bloc The European Union (EU) has introduced major new legislation which could have broad implications for extra-territorial jurisdiction over businesses based in any non-EU country including the UK. The Foreign Subsidies Regulation (FSR), which will apply [...]
By Andrew Hood and Peter Sellar, Fieldfisher LLP and Bob Savic, Federal Trust Divergence risks grow in post-Brexit EU and UK machinery standards The European Union’s new Machinery Regulation, approved by the EU Council of Ministers and the European Parliament in late January 2023, extensively revises the 2006 Machinery Directive. [...]
In this Federal Trust video, the financial analyst Graham Bishop and the Chairman of the Trust, John Stevens, discuss the likelihood and the significance of the City of London losing its approximately €100 trillion Euro derivatives clearing business to the Eurozone by 2025. Among other implications, the loss of its [...]
