UK Blocking Regulation

When the UK was a member of the EU, the EU Blocking Statute [please hyperlink just to the amended version] had legal effect in the UK. It seeks to “block” what is regarded as the extra-territorial impact of some US sanctions on Iran, Libya and Cuba. See the EU Blocking Regulation section of this site for more information.

Following Brexit, the UK legislation having this effect is The Protecting against the Effects of the Extraterritorial Application of Third Country Legislation (Amendment) (EU Exit) Regulations 2020 SI 2020/1660.

Authorisations in the UK are governed by The Protection of Trading Interests (Authorisation) Regulations 2021 SI 2021/132

Guidance in the UK:

  • Department of International Trade Guidance: ‘Protection of Trading Interests (retained blocking regulation)’, November 2020
  • Department of International Trade: Report your affected interests form available here, January 2021