Updated Guidance on Open Licence Returns and Exporter Obligations

The UK Export Control Joint Unit and Department for Business and Trade have updated guidance on open licence returns. This update clarifies exporter obligations, return submission requirements, and the process for accurate and timely reporting under revised compliance expectations.

Russia Sanctions Update: General Trade Licence for Fertilisers

The UK's Export Control Joint Unit has updated the general trade licence concerning Russia sanctions, specifically financial services and funds related to fertilisers. This notice provides details on the amendments to the existing licence.

Notice to Exporters: Customs Licence Transmission Issues

HM Revenue & Customs and the Department for Business and Trade have issued a notice regarding issues with licence transmissions from LITE/SPIRE to the Customs Declaration Service (CDS). This is causing customs clearance delays, and affected parties are advised to report declaration problems to CDS.

Export Control Joint Unit: Exporter Notices and E-Alert Sign-up

The UK's Export Control Joint Unit (ECJU) has issued a notice reminding exporters to sign up for e-alerts. This service provides important updates on training and changes to the UK's strategic export licensing regime.

EU Imposes Anti-Dumping Duties on Sweetcorn from China

The European Commission has imposed definitive anti-dumping duties ranging from 31% to 54.3% on sweetcorn imports from China. This action follows a 14-month investigation that found dumped prices were causing injury to the EU's sweetcorn industry, valued at €642 million.

Bank of Scotland Fined for Russia Sanctions Breaches

The Office of Financial Sanctions Implementation (OFSI) has imposed a £160,000 penalty on Bank of Scotland for breaches of the Russia (Sanctions) (EU Exit) Regulations 2019. The breaches involved processing 24 payments totalling £77,383.39 to or from a designated individual's account.

OFSI Fines Svarog Shipping £5,000 for Sanctions Non-Compliance

The Office of Financial Sanctions Implementation (OFSI) has imposed a £5,000 monetary penalty on Svarog Shipping & Trading Company Limited for failing to respond to a regulatory request within the required timeframe. This action stems from a breach of the Russia (Sanctions) (EU Exit) Regulations 2019.

OFSI Imposes £300,000 Penalty on Markom Management Limited

The UK's Office of Financial Sanctions Implementation (OFSI) has imposed a £300,000 penalty on Markom Management Limited (MML) for breaching financial sanctions legislation related to the Ukraine Regulations. The penalty stems from a payment made to a designated person in February 2018.

OFSI Report on Vanquis Bank Limited Financial Sanctions Breach

The Office of Financial Sanctions Implementation (OFSI) issued a report against Vanquis Bank Limited (VBL) for breaching financial sanctions regulations. VBL failed to restrict access to a designated person's account for eight days, allowing fund withdrawal and transactions. OFSI deemed the breach moderately severe but not serious enough for a monetary penalty, opting for public disclosure.

Definitive Anti-Dumping Duty on Engine Oils and Hydraulic Fluids from Lithuania and UAE

The UK Secretary of State for Business and Trade has imposed a definitive anti-dumping duty on certain engine oils and hydraulic fluids originating from Lithuania and the United Arab Emirates. This action follows a recommendation from the Trade Remedies Authority and aims to address unfair trade practices.