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UK Export Controls

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On March 1 and 2, 2022, the UK published four Regulations which introduce new financial, trade and shipping sanctions against Russia. New financial sanctions The Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022 introduce the following restrictions: Prohibition on dealing with securities or money-market instruments issued by, or providing loans/credit to a person connected with Russia (including Russian incorporated entities and residents) or the Russian Government. The aforementioned prohibitions also apply to all entities…

Recently the UK announced that it will suspend all existing export licences for dual-use items to Russia along with the approval of any new export licences for the same purpose. Following this announcement the UK Export Control Joint Unit has removed Russia as a permitted destination from the following open general export licences: open general export licence Xopen general export licence X from December 2019open general export licence chemicalsopen general export licence chemicals from December-2019open…

The Department for International Trade and the Export Control Joint Unit published a notice to exporters on 10 January 2022 regarding compound penalties imposed on ten UK exporters for unlicensed exports of dual use and military items and breaches of export licence conditions between March and November 2021. The compound penalties imposed by HM Revenue & Customs (“HMRC”) ranged between £1,000 and £54,000 and related to unlicensed exports of dual use goods, military goods and…

On Thursday 6 January 2022, the European Commission published Delegated Regulation (EU) 2022/1, updating the list of dual-use items contained in Annex I to Regulation (EU) 2021/821 (the “EU Dual Use List”). Regulation (EU) 2021/821, which was published in June last year and came into effect on 9 September last year, introduced key changes to modernise the EU export controls regime for dual use items. Please see our previous post for an overview of changes,…