That was the News: May 2024

BY:

Niamh O'Connor
11 June 2024

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May is the month of bank holidays, but the wheels of international trade keep turning regardless. We trust that all our readers enjoyed some well-deserved downtime last month. As a general election looms, potentially adding a layer of uncertainty for UK businesses, we want to reassure you that it's business as usual here at Strong & Herd. We are steadfast in our commitment to keeping you informed of any changes, ensuring you stay ahead in the dynamic world of international trade.

We are thrilled to announce our participation in this year's Multimodal Event at the NEC in Birmingham on June 11th - 13th. This event is a significant platform for us to connect with our valued clients and potential clients, like you. We eagerly await the opportunity to meet you in person and address your international trade questions. Our dedicated team, including Managing Partner, Sandra Strong MBE, Partner, Bernard O'Connor, and Partner, Steve Berry, will be available to assist you throughout the event.


Please use the link below to register your VIP attendance at the event, which is open to all newsletter subscribers.

Register Here



For all the latest news & updates, check out our Industry Insights page, and don't forget to follow us on LinkedIn


Important Export Control Update

The Notice to Exporter update (2024/08), a crucial document issued on 25th April 2024, provides detailed information about Compound Settlements made to UK Exporters between January and March, 2024.


Update on Export Control Reforms between the AUKUS Partner Nations

Notice to Exporters 2024/09, published on 1st May, 2024, provides an update on the AUKUS, a trilateral defence partnership, announced in September, 2021.


OFSI and Financial Sanctions – May 2024

Financial Sanctions are a critical area of trade compliance that any business must consider. HM Treasury is the government’s economic and finance ministry. OFSI, the Office of Financial Sanctions Implementation, are part of HM Treasury. The role of OFSI is to ensure that financial sanctions are properly understood, implemented, and enforced in the UK.


Overview of Common Errors in the 31 Jan SPS BTOM (Border Target Operating Model)

HMRC have issued some BTOM guidance on some of the most common SPS errors experienced by traders and their agents at the border. The list includes errors up to the end of January, 2024, with the view that publishing errors and guidance on how to avoid the mistakes may be helpful as we advance.


Notice to Importers 2952 Published 16th May 2024: Relating to the Republic of Belarus Import Sanctions

The Department of Business and Trade has issued an update to the regulations relating to the imports of certain commodities originating in or consigned from Belarus in Notice to Exporters 2952, issued on 16th May, 2024.


CHIEF to CDS, Goodbye to LIC99

Notice to Exporters 2024/12 advised that all Export Declarations were due to move to the new Customs Declaration Service (CDS) by 4th June, 2024.


IPAFFS and the Customs Declaration Service

HMRC and Defra have produced two technical documents to assist traders and agents in correctly completing CDS declarations which involve IPAFFS.




Training - View our Upcoming Courses Here

Contact us today to develop your Learning Pathway:

For In-house training or Learning Pathways tailored to your business, please contact: 
enquiries@strongandherd.co.uk 

For public training, please contact
info@strongandherd.co.uk


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