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.
Recent publications
Publication
CORSIA: A market update
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.
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