UK Clarifies Use of Exceptions and Licences Under Sanctions Regimes
The UK government has issued clear guidance on navigating sanctions compliance, detailing when exceptions to sanctions apply and when licences must be obtained. Exceptions provide automatic exemptions for certain transactions, goods, or services if specific conditions outlined in the regulations are met. When no such exemptions are available, businesses must apply for a licence to legally proceed with activities that sanctions would otherwise block. This guidance is critical for UK companies and individuals engaged in trade or services potentially affected by sanctions. It ensures they understand the legal framework for exemptions and the process for acquiring licences, which are issued,... [Continue Reading]
360LiveNews | 23 Mar 2026 16:09
Palantir Technologies secures contract with UK's Financial Conduct Authority for access to sensitive financial regulation data
Palantir Technologies, a Miami-based data analytics firm, is set to deepen its entanglement with the UK state through a new contract with the Financial Conduct Authority (FCA). This agreement grants Palantir access to significant amounts of sensitive financial regulation data aimed at combating financial crimes such as fraud, money laundering, and insider trading. The development has raised alarm among privacy advocates and campaign groups concerned about the implications of allowing a foreign tech company substantial access to British data. The FCA's contract with Palantir marks a notable shift, as the company is poised to leverage its analytics capabilities to analyze... [Continue Reading]
