UK publishes guidance on retaining the blocking regulation after Brexit
On 19th November 2020, the United Kingdom’s Department for International Trade published guidance on how the blocking regulation will...
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BIS amends EAR, OFAC issues Venezuela-related General License
The U.S. Bureau of Industry and Security (BIS) has amended the Export Administration Regulations (EAR) to implement the enforcement...
New U.S. executive order targets ‘Communist Chinese Military Companies’
On 12th November 2020, the United States published Executive Order (E.O.) 13959, “Addressing the Threat from Securities Investments that...
Regional Comprehensive Economic Partnership (RCEP) signed
The heads of state/government of the member states of the Association of Southeast Asian Nations (Brunei, Cambodia, Indonesia, Laos,...
UK prepares sanctions for Brexit
As preparation for the end of the transition period, the government of the United Kingdom has published a sanctions guidance website....
European Commission extends customs duties- and VAT-exemptions for certain goods due to COVID-19
The European Commission has amended Decision (EU) 2020/491, giving relief from import duties and value added tax (‘VAT’) on goods needed...
UK reminds businesses to prepare for 1 January 2020
The United Kingdom’s HM Revenue & Customs has sent letters and emails to all VAT-registered Great Britain businesses that trade with the...
European Commission requests feedback from academia on pending dual-use export compliance document
The European Commission plans to publish non-binding guidance, which will take the form of a Commission Recommendation, in an effort to...
U.S. Bureau of Industry and Security amends EAR, proposes new rule, and requests comments
On 29th October 2020, the U.S. Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) by revising the...
OFAC publishes new General Licenses, FAQs, and Advisory and amends Regulations
On 26th October 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License 8A, “...
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