Norway is launching a new export licensing system on Sept. 25 that it's expecting will improve the "user experience," the Norwegian Agency for Export Control and Sanctions said this week, according to an unofficial translation. The new system will feature new templates for licenses, the agency said, "and a decision letter with information will accompany each license." It also will make it "easier" for users to manage licenses for more than one company if they "represent multiple businesses and enterprises," allow users "access to new case types such as sanctions and sanctions reporting and general transfer licenses," and improve communication between the government and license applicants through SMS notifications.
The U.K.'s Export Control Joint Unit this week updated its guidance for its end-user and stockist undertaking form, which must be completed by the end user or stockist of the exported items if they're sent under a standard individual export license, a standard individual trade control license or a license to provide technical assistance. The U.K. specifically updated its definition for "ultimate end-user," which is the entity that "receives and uses the final items from the end-user or intermediate user," including if the items have been altered, processed, installed or incorporated into another item, or after they have been held in stock or interim storage. "The end-user and ultimate end-user can be different entities but are not always," the agency said.
The EU is planning new sanctions against Russia, Israel and human-smuggling networks, European Commission President Ursula von der Leyen said in her state of the union speech this week.
The European Parliament on Sept. 10 gave its final approval for a revised carbon border adjustment mechanism that it said will exempt 90% of European importers from the new rules. The change, first unveiled by the European Commission in a May proposal (see 2505230008 and 2506180053), aims to “reduce the administrative burden” for smaller and mid-sized European companies, or those that are “occasional importers,” the Parliament said.
Vanquis Bank Limited, the British bank that the U.K. said failed to stop a newly sanctioned person from withdrawing money from their account (see 2509080008), has "taken steps to strengthen our screening processes to prevent similar incidents" in the future, a spokesperson said this week. The spokesperson also stressed that the U.K. government didn't impose a fine against the bank, the issue was self-reported, and the bank cooperated with the government's investigation.
The European Commission issued new guidance this week to clarify how its Russia-related sanctions apply to parties and entities “acting on behalf or at the direction of” a sanctioned Russian party. New FAQ 17 says the commission may consider that an EU subsidiary is acting on behalf of a Russian parent company if the subsidiary obtains approvals from the parent company, carries out “instructions given directly or indirectly” by the parent company, or appoints or dismisses any “authorised representatives” associated with the company. The EU subsidiary may need to put in place “a public trusteeship or a similar firewall measure” to prevent any sanctions violations, the guidance said.
The EU this week updated its dual-use export control list to align it with decisions taken by the multilateral Wassenaar Arrangement, Missile Technology Control Regime, Australia Group and Nuclear Supplier Group in 2024. The update "also includes commitments that Member States have accepted, as members of the Wassenaar Arrangement, to control additional items uniformly," the European Commission said.
The U.K.'s Office of Financial Sanctions Implementation reminded industry this week that the new, lower price cap for Russian oil took effect Sept. 2 (see 2507180017). The new $47.60 cap is down from the previous $60 cap announced about two years ago (see 2212050014). The U.K. added that there is a 45-day wind-down period, ending Oct. 17, for existing contracts to comply with the new cap.
Kemppi, a Finland-based welding equipment manufacturer, has launched an internal investigation after millions of dollars’ worth of the company’s products were reportedly sold to Russia following Moscow's invasion of Ukraine in early 2022.
The U.K. last week released its latest round of data on Israel-related export licenses more than eight months after the U.K. suspended a range of licenses for Israel over concerns they were being used to ship items for the Israeli military in Gaza (see 2409030023).