On 11 June 2021, the Recast Dual-Use Regulation was published in the Official Journal of the European Union as Regulation 2021/821 (the “Regulation”). The Regulation, which comes into force on 9 September 2021, will replace the current Dual-Use Regulation introduced in 2009. Key changes include: Two new general export authorisations: The Regulation introduces a general export authorisation for intra-group transfers of dual use software and technology to specified countries for product development purposes, that is…
On 12 May, Advocate General (“A-G”) Hogan issued an Opinion in a case before the Court of Justice of the European Union (“CJEU”) concerning the application of the EU Blocking Statute (Regulation (EC) No 2271/96). While the Opinion is not binding on the CJEU, it signals that the EU and Member State courts are likely to take a strict approach in their interpretation of the Blocking Regulation, and highlights the complexities that face European businesses…
The scope of the two Open General Export Licences (OGEL) for security items has been further refined and amendments to the OGELs were on Wednesday (26 May 2021) published by the Department for International Trade in a Notice to Exporters. The updated OGELs permit the export of low risk information security items that rely on encryption technologies listed in Schedule 1 to each OGEL. The new Information Security OGELs cover a significantly wider range of…
Join us on Thursday 10 June as we discuss the key issues impacting Italian companies doing business outside of Italy and multinational companies doing business in Italy on import/export restrictions and related sanctions. Our experts will also share the importance of an effective trade compliance program and how to develop one. Register for this session here.