News

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.

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.

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 OFS I is to ensure that financial sanctions are properly understood, implemented, and enforced in the UK.

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

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.

In an era of heightened environmental consciousness and ambitious climate goals, nations increasingly focus on implementing measures to curb carbon emissions. One such initiative gaining momentum is the Carbon Border Adjustment Mechanism (CBAM). Developed to align trade policies with climate objectives, CBAM is poised to reshape the landscape of international commerce, ensuring that imported goods meet stringent environmental standards. Now, the United Kingdom is gearing up to introduce its own iteration of CBAM, marking a significant stride towards a more sustainable future.

HMRC has written to all exporters, advising them of the importance of ensuring that CDS export declarations are not only arrived at export locations, but that they are also physically departed on the CDS.

HMRC wants to reiterate that CHIEF badge permissions will be removed from the system on June 4th, 2024. After this date, it will not be possible to submit new export declarations through the CHIEF system.