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Fact sheet: UK sanctions reporting obligations
Under the Sanctions and Anti-Money Laundering Act 2018, the UK Government introduced a new regime of issuing financial sanctions following the UK’s departure from the European Union. Under the Act, businesses specified in the Act have to report to the OFSI if they suspect they are engaging with a client who is under financial sanctions.
Extended Ivory Act regulations will take effect on 28 January 2025
Trading in ivory from the common hippopotamus, killer whale, narwhal and sperm whale will now be banned under The Ivory Act 2018 (Meaning of “Ivory” and Miscellaneous Amendments) Regulations 2025. The new legislation was originally laid in parliament in May 2023, under the previous UK Government, but implementation has been delayed due to a lack of parliamentary time.
Fact sheet: Smoke, heat and Carbon Monoxide alarms (Northern Ireland)
The Regulations introduce requirements for all private tenancies in Northern Ireland to have sufficient smoke, heat and carbon monoxide alarms in the property. It is the first piece of legislation covering sections seven to twelve of the Private Tenancies Act (Northern Ireland) 2022—specifically section eight: Fire, smoke and carbon monoxide alarms, etc.
Private Tenancies Act Section 8 coming into force on 1 September
The Smoke, Heat and Carbon Monoxide Alarms Regulations (Northern Ireland) 2024 set the standards for the number and type of alarms that must be installed in privately rented properties. Once they come into force, letting agents and landlords will be responsible for installing and keeping alarms sufficient in any property they rent out.