Baker McKenzie’s Global Supply Chain Compliance Blog published “Recent US Developments Demonstrate Increasing Xinjiang-Related Trade Compliance Risks,” which can be viewed here.
Following the successful launch of our inaugural virtual Annual Compliance Conference in 2020, we will return this year in a virtual format to deliver our cutting-edge insights and guidance on key global compliance issues, as businesses and enforcement agencies transition to a new post-pandemic global compliance and investigations landscape across five weeks from 6 September – 8 October. Our global experts will be providing practical insights and analysis on significant developments across: anti-bribery and corruption;…
USMCA Implementing Regulations On July 6, 2021, US Customs and Border Protection (CBP) and the US Department of the Treasury (Treasury) published in the Federal Register the notice for the USMCA Implementing Regulations Related to the Marking Rules, Tariff-rate Quotas, and Other USMCA Provisions interim final rule. The interim rule is effective July 1, 2021. The rule amends CBP regulations to include implementing regulations for the preferential tariff treatment and related customs provisions of the…
Baker McKenzie’s Global Compliance News Blog published “United Kingdom & Vietnam: New circular to implement the UK-Vietnam FTA’s rules of origin,” which can be viewed here.
Baker McKenzie’s InsightPlus published “South Africa: High Court rules that Samsung device is a telephone, not a machine for tariff purposes,” which can be viewed here.
Baker McKenzie’s InsightPlus published “Vietnam: Key highlights of new duty treatment regime applied to exported/imported goods,” which can be viewed here.
Following coordinated designations of certain Belarusian individuals and entities earlier this week (see our previous post here), the EU has announced that further sector-based economic sanctions will come into force on 25 June 2021. The restrictions are implemented by Council Regulation (EU) 2021/1030 (the “Regulation“), which amends Regulation (EC) No 765/2006. The new sanctions target a broad range of technology and software, dual-use goods and technology, tobacco, petroleum and potash products, and financial services. The prohibitions apply regardless of…
On June 17, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued three pandemic-related general licenses (“GLs“) authorizing certain transactions and activities through June 16, 2022, involving Syria, Venezuela, Iran, or certain blocked entities in these countries. The new GLs are Syria General License No. 21, Venezuela General License No. 39, and Iran General License N, and they authorize certain transactions and activities related to the prevention, diagnosis, or treatment of COVID-19 (including research or…
Effective June 21, 2021, the Government of Canada imposed new sanctions against 17 individuals and 5 entities under the Special Economic Measures (Belarus) Regulations (the “Regulations”). The sanctions were imposed in response to alleged systemic human rights violations and the May 23, 2021 diversion, by the Belarusian regime, of Ryanair Flight 4978 from its planned course in order to land in Minsk. The imposition of sanctions by the Government of Canada was taken in coordination with the…
On June 24, 2021, the White House announced that US Customs and Border Protection (CBP) has issued a Withhold Release Order (WRO) on silica-based products made by Hoshine Silicon Industry Co., Ltd., a company located in Xinjiang, and its subsidiaries. This WRO is based on information reasonably indicating that Hoshine used forced labor to manufacture silica-based products. As a result, personnel at all U.S. ports of entry have been instructed to immediately begin detaining shipments…