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The Export Controls & Sanction Manager - Edition 5 - 2023 - Week 46

Welcome to the latest edition of "The Export Controls & Sanctions Manager." This weekly magazine is dedicated to keeping you informed about export controls and trade sanctions in the US, EU, and UK. What is this all about?


Period covered 14.11.2023 - 21.11.2023



Content




U.S. Export Controls

EU Export Controls

UK Export Controls


Sanctions Updates

EU Sanctions

UK Sanctions

U.S. Sanctions




Unlock all exclusive posts and make sure you stay fully up-to-date. Access Our NEW FAQ to answer all your questions: https://www.customsmanager.info/plans-pricing

 

Highlight Reads of the Week


Unfolding the "Cyprus Confidential" Scandal: How EU Sanctions Were Rendered Ineffective

Uncovering the Movement of Millions: Inside the Investigation into Oligarchs and Cyprus During EU Sanctions And What It Means For Businesses

 

Due Diligence


Unfolding the "Cyprus Confidential" Scandal: How EU Sanctions Were Rendered Ineffective

Uncovering the Movement of Millions: Inside the Investigation into Oligarchs and Cyprus During EU Sanctions And What It Means For Businesses


 

Export Controls Updates

To make sure you never miss an export control update, bookmark https://www.customsmanager.info/all-news/categories/export-controls


⇒ EU Export Controls


NEW Simplifications in EU Dual Use Goods: What are EUGEAs and how do I use them?

Eight EU GEAs licences authorise allow the EU (+Northern Ireland) to export certain regulated dual-use commodities to countries outside the EU. What are they

NEW Understanding EU Dual Use Regulation and its Impact on Technology Export Controls

Controlling technology on exports is a crucial challenge for businesses to overcome. We explain what this is and what businesses can do



⇒ UK Export Controls


NEW UK Export Controls: End User Concerns? Top tips to get Advice & Support

Do I Need a Licence to Export to Foreign Entities with Military or WMD End-use Concerns? Guidance has been updated last week from UK's End User Advisory Service


NEW Understanding UK Export Controls for Chemicals: Navigating Licenses and Special Regulations

Controlled chemicals, drug precursor chemicals and hazardous chemicals - what export controls related rules apply in the UK? Guidance has been updated



⇒ U.S Export Controls


Export controls are a powerful tool for the USA to achieve its foreign and security policy goals. Violations are punished severely, even outside the US. As non-US companies face increasing demands on compliance programs, export control has become a major focus. Violating the export control law can land you on the "US sanctions list" with serious consequences. Stay updated with the latest developments to protect yourself from potential penalties.


NEW Understanding the Implications of Applied Materials' Criminal Probe for US Export Controls

Applied Materials Faces US Government Investigation Over SMIC Export Restrictions


NEW Ministry of Public Security's Institute of Forensic Science of China Delisted

In a new rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by removing the Ministry of Public Security's Institute of Forensic Science of China from the Entity List. Find out more


 

Sanctions Updates

The EU, UK and US implement extensive sanctions laws. These rules provide processes for producing lists of individuals and businesses subject to asset freeze targets and financial and investment restrictions. Businesses must stay up to date with the latest sanctions rules to avoid accidental non-compliance. Read the collection of all articles we have written on this topic here https://www.customsmanager.info/all-news/categories/sanctions


⇒ EU Sanctions Updates


1) Changes to Haiti Sanctions

The European Union updated its Haiti sanctions list on November 15, 2023. Details here:


2) Changes to North Korea Sanctions

On 15 November 2023, the EU updated the list of persons, groups, entities and organisations in North Korea subject to sanctions. Access details here: https://www.customsmanager.info/post/eu-sanctions-against-north-korea-latest-updates


3) EU: Consolidated Sanctions List of Persons, Groups, Entities, and Organisations

Discover the ultimate resource for EU sanctions: Download the consolidated list of persons, groups, and entities subject to sanctions. Date of last update 21.11.2023



⇒ UK Sanctions Updates


1) NEW OFAC-OFSI Enhanced Partnership

OFSI recently published a blog post on November 15, 2023, reflecting on the first year of its formal enhanced partnership with OFAC. This partnership was initiated after a technical exchange in London that took place in October 2023. In the post, OFSI highlighted the regular exchanges that took place between the two organizations throughout the past year. It also mentioned the publication of joint industry guidance by OFSI and OFAC. Both the UK and the US have committed to ongoing collaboration to ensure the implementation of "robust, cutting-edge financial sanctions".



2) NEW UK Understanding the latest OFSI Sanctions General Licences: Update

An Overview of the Updated Sanctions OFSI (Office of Financial Sanctions Implementation) General Licences in the UK. Date of Last Update 21.11.2023


3) UPDATED ISIL, Iran, Russia List updates

All the latest changes to UK Sanctions Lists against individuals, entities, and organisations. All updates are on one page. Date of last update 21.11.2023


4) UK: Latest Listings of Sanctioned Individuals etc. (All Countries + Topics)

All the latest changes to UK Sanctions Lists against individuals, entities, and organisations. All updates are on one page. Date of last update 21.11.2023


5) NEW UK Sanctions: How the "Ownership & Control Policy" Prevents Sanctions Circumvention

Discover how the UK Government's Ownership and Control Policy Strengthens Sanctions Regulations


⇒ US Sanctions Updates


1) President Continues National Emergency with Respect to Nicaragua

The situation in Nicaragua, including the violent response by the Government of Nicaragua to the protests that began on April 18, 2018. Find out more and what it means


2) FCDO and OFSI issue joint guidance on ownership and control

On November 17, 2023, the FCDO and OFSI published guidance notes on ownership and control tests related to public officials. The guidance provides clarity on the recent Mints case and confirms that President Putin does not control all entities in the Russian economy by virtue of his presidency. Find out more


3) Latest OFAC Updates

Counter Terrorism Designations; Issuance of Venezuela-related Frequently Asked Questions

Issuance of Venezuela-related General Licenses and Associated Frequently Asked Questions

Balkans-related Designations; Russia-related Designations and Designation Update; Issuance of Russia-related General License, Balkans-related General Licenses, and Frequently Asked Question, Counter Narcotics Designation, Counter Terrorism Designations, Sanctions Compliance Guidance for the Provision of Humanitarian Assistance to the Palestinian People. Details here:


 

What if I have a question regarding these updates


We invite you to use the chat function available on www.customsmanager.org to ask any questions related to this update. Our skilled team of export control and sanctions managers will be happy to provide you with the information you need within 24 hours.

 

Sources


EU

  • Official Journal of the EU

  • DG TRADE Website

  • Social Media (LinkedIn, Twitter, etc).

  • Information on the National Export Control & Sanctions Website of Member States


U.S.

  • Bureau of Industry and Security (BIS)

  • Department of Commerce

  • Office of Foreign Asset Control (OFAC)

  • Social Media (LinkedIn, Twitter, etc).


UK

  • Information on gov.uk

  • Information on legislation.gov.uk

  • Department of Business and Trade

  • Social Media (LinkedIn, Twitter, etc).


Other

  • United Nations (Sanctions)

  • Social Media (LinkedIn, Twitter, etc).



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