Publication
Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
UK Government issues guidance on No-Russia clause
Global | Publication | March 2025
On 7 January 2025, the UK Government issued its guidance on a “no re-export to Russia” clause to support UK entities that are involved in the export and making available of Common High Priority Items (a list of electronic components used in Russian weapons systems) and any other items critical to Russian weapons systems and its military development. The guidance provides a template text for a “no re-export to Russia” clause and notes that the inclusion of such a clause into any existing or new export contracts would be considered good practice for exporters.
The UK Government’s full guidance note can be found here.
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Do your tech and outsourcing contracts address cyber incidents?
Most incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.
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Canada and EU sign security and defence partnership
Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.
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