Regulatory Timeline: Dual Use Goods Export Regulation
Published on 25th Feb 2015
“Export control compliance is an essential component of an organisation’s global trading strategy. An exporting organisation must adopt a workable internal compliance system to navigate the increasingly complex export control regulations and keep up to date with changes to its export obligations.”
2 February 2015 – Open General Export Licences updated
Five Open General Export Licences (OGELS) have been republished following the comprehensive update of the EU Control List of Dual-Use Items (Annex I to Council Regulation (EC) No 428/2009) that came into force on 31 December 2014. A number of additions, deletions and amendments were made to the controls on dual-use goods, software and technology, including updating the Category 5 Part 2 Cryptogrpahy Note to include hardware and software components.
15 March 2015 – Licensing performance dashboard to be updated
The Export Control Organisation (ECO) will update the licensing performance dashboard that provides a snapshot of the performance of the ECO against targets. The dashboard includes information on all licensing decisions on a country-by-country basis.
30 April 2015 – Country Pivot Report: Q1 2015
This report published by the ECO will cover all export licensing decisions made between 1 January 2015 and 31 March 2015. The information within the report will cover all licences issued, refused or revoked for all countries.
1 July 2015 – UK Strategic Export Controls Annual Report 2014
The UK Strategic Export Controls Annual Report 2014 will be published by the Government. It will describe the UK’s export control policy and practice during the period January 2014 to December 2014.
The latest version of the report highlighted the increasing export compliance risks exporters face against a volatile geo-political landscape. For example:
- there was a 42% increase from the previous calendar year in the number of company audits scheduled by the Export Control Organisation in 2013; and
- there was a 61% increase from the previous financial year in the number of seizures by HMRC of goods in breach of licensing requirements in the 2013/2014 financial year.