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Export Controls
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.
The UK and the U.S. have announced joint action to restrict prohibited Russian metal exports by extending the existing bans to the world’s two largest metal exchanges.
Notice to Exporters 2024/4 announcement issued on 12th March 2024, relating to The Export Control (Amendment) Regulations 2024, which will come into force from 1st April 2024, provided an essential reminder that exporters must be aware of changes to Export Control regulations to be able to ascertain if their Goods, Software and/or Technology are controlled as Strategic Items.
Notice to Exporters 2024/04 was issued on March 12th, 2024. This communication advises an essential change to the UK Export Control Regulations: The Export Control Order 2008 and Council Regulation (EC) No 428/2009.
The Department for Business and Trade issued a timely update regarding their country-processed iron and steel guidance on Monday, February 26th, 2024. It provides a favourable development for UK traders who frequently import these commodities from the European Union. The European Union made a similar update on the 23rd of February 2024, listing the UK as a partner country in relation to this regulation.
HM Government issued a Sanctions Strategy document on 22nd February 2024, the imposition of new sanctions by the UK serves as a poignant reminder, marking the passage of two years since the reprehensible and unlawful incursion by Russia into Ukraine's territory.
The UK Regulations require that the Exporter named on the Customs Declaration is responsible for obtaining a license for Strategic Goods, which are to be sent to a destination outside the UK.
The Export Control Joint Unit (ECJU) has issued updated good practices and reminder prompts on how best to prepare and make acceptable licence applications in Notice to Exporters 2024/1, published on the 10th of January.
Back in 2020 (NTE 2020/25), the ECJU announced that due to the Covid-19 pandemic and the difficulties presented by businesses faced both in the sending and receiving of wet-signed compliance documents, they would relax the wet-signed document requirement and accept electronic signatures in place of wet-signatures on documents needed for compliance audits and to support UK export licence use and application submissions.
