Notice to Exporters continues to provide updates on fines for export control non-compliance. During November and December 2022, HM Revenue and Customs (HMRC) issued four UK Companies with penalties totalling over 3.6 Million pounds. The largest of the 4 compound settlements was over £1.8 Million, paid in December 2022 by the company for the unlicensed exports of Military Goods. This figure is the highest since February 2022, when circa £2.7 Million was paid for similar non-compliances. 

These communications emphasise the exporter's responsibilities to ensure they have carried out due diligence and have a valid licence, which must be declared at export. Strategic Controls on Goods, Software and Technology are only part of our compliance responsibilities. 

End Use Controls, Embargoes and Sanctions with the awareness that trade with Russia and Belarus (directly or indirectly) has a wide range of prohibitions in place. 

A more comprehensive range of commodity codes are now prohibited from being supplied directly or indirectly to Russia. These restrictions include a list of Luxury Goods. If the sales price exceeds the listed item threshold, goods cannot be supplied to Russia. This list and other restricted commodity codes highlight that Export Control compliance extends further than the Strategic Military and Dual Use lists.

Join Steve Berry and Bernard O'Connor for our webinar on Russian Sanctions to understand the latest restrictions that may affect your business.

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