In a detailed session led by Sharon Heron  from the NCTS Policy team during the ACITA conference in October 2024, the latest updates to the National Transit Policy (NCTS)  were unveiled. These changes aim to enhance customs operations' efficiency, especially for cross-border trade businesses. With the rollout of NCTS Phase 5 (P5) , traders must prepare for significant reforms, including the full digitalisation of transit documents and enhanced reporting requirements. Here’s a

Overview of UK Sanctions Regimes: Comprehensive Guide for Businesses and Professionals

Money laundering remains a significant threat to global businesses, and export compliance professionals play a critical role in combating it

Your cloud-based services could be subject to export controls. I will walk you through the key concerns you must address to remain compliant

Mario Draghi's recent report on EU competitiveness highlights the critical role of export controls in driving the EU's economic edge.

Understanding VAT exemptions for exports is critical in maintaining fiscal compliance. Learn how to justify your VAT-free exports and protect your operations. What Questions We Will Answer in this blog How do you justify VAT-free exports in the eyes of the EU tax authorities? What specific proofs are required to secure your VAT exemption status? How do the rules apply to triangular transactions in a global context? Introduction As customs professionals, ensuring that exports

Will the Court of Justice of the EU change how we interpret "sale for export" in customs valuation?

On 17 September 2020, the EU Commission published its 2020 revision on Customs Valuation. Here is what's in it and important links.

Shipping packages under the Windsor Framework from the United Kingdom to Northern Ireland starts on September 30, 2024

Windsor Framework Changes: What to Expect - Key customs updates on 30th September 2024

Tariff changes target Mexican and other imports, raising the stakes for global suppliers.

With Cuba under US sanctions, understanding compliance requirements is crucial. Here's how to protect your interests and trade legally.

Demystify customs jargon one word at a time! Don't get lost in the acronyms. Our "jargon busters" explain in simple terms what important cus

The Office of Foreign Assets Control (OFAC) is undergoing significant changes to enhance its efficiency and effectiveness. T

The US blocks Russian entities in a massive sanctions push. Are you up to date with the latest? Keep reading to find out!

Discover how to differentiate between genuine risks and false positives in political and sanc tions lists with precision. What Questions We Will Answer in this blog How can you effectively cross-check identity information to identify false positives? What steps should be taken to evaluate the nature of a match on PEP or sanctions lists? How can third-party validation and internal documentation help in confirming or clearing matches? Introduction In the intricate world of glob

Ensure your exports are secure and compliant with the latest BIS guidance on preventing diversion to sanctioned destinations like Russia

Discover how the new Control of Exports Act 2023 impacts your business operations in Ireland.

Product types, categories, and risk levels determine the UK SPS export health certificate, rule, and pre-notification requirements.

Filing CBAM reports WITHOUT default values? Key recommendations for emissions reporting after 1 August 2024.