Commerce

eAlerts Récentes

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  06/05/2024

  Allemagne

  Obligation to include a "No Russia clause" in supply agreements

  For some export transactions, re-exportation to Russia must be contractually prohibited. Model clauses present conflicts with German law on general terms and conditions.Companies must keep abreast of the sanctions against Russia, especially when it comes to export transactions, and as far as possible prevent any attempts by their customers to circumvent these sanctions. Companies have been aware of this for a long time. What is new, however, is that since 20 March 2024, companies are legally required to explicitly prohibit re-exportation to Russia or re-exportation for use in Russia in...

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  19/01/2024

  International

  CBAM: Just over a week to comply

  As the deadline for the first Carbon Border Adjustment Mechanism (CBAM) report approaches on January 31st, it is crucial for undertakings engaged in importing relevant goods into the European Union to understand their obligations - which take practical effect this month. The CBAM, established by Regulation (EU) 2023/956, represents a significant step in the EU’s efforts to combat climate change and carbon leakage, aligning with the overarching goals of the European Green Deal and the Paris Agreement.Key Practical Points on CBAM:Scope of CBAM: This mechanism applies to specific goods listed...

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  17/01/2024

  United Kingdom

  Reform of UK Furniture Fire Safety Regulations

  The UK Government is currently reviewing responses to the recent consultation on the proposed regulatory framework for domestic furniture and furnishings, which is quite the change from the current fire safety testing and standards regime. The current draft Furniture and Furnishings (Fire) (Safety) Regulations (the “Proposed Regulations”) are set to alter the scope of products caught by the regime and place new obligations on businesses involved throughout the supply chain. Businesses will need to consider these provisions closely to ensure that they are compliant, and changes will...

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  24/11/2023

  International

  Carbon Border Adjustment Mechanism transition in effect since 1 October 2023

  On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits CBAM declarants to import these goods into the EU. Although reporting obligations have been imposed for the two-year transition period, CBAM does not fully go into effect until 1 January 2026.A. General InformationFrom 1 January 2026, importers of specific goods from third countries will be required to pay punitive CO2 charges under...

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  30/08/2023

  International

  CBAM Implementing Regulation and Extensive Additional Reporting Guidance Published

  Earlier this month, the European Commission (“EC”) adopted an Implementing Regulation (“IR”) and released extensive Guidance Documents (“Guidance”) on the practicalities of reporting requirements for the transitional phase of the EU’s Carbon Border Adjustment Mechanism (“CBAM”) framework. This first material phase of CBAM will commence on October 1, 2023 (“Transitional Period”). The Guidance complements the IR in providing vital instructions for both installation operators (exporters) outside the EU and importers of CBAM goods within...

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  17/07/2023

  International

  Resource Nationalism in Battery Metals: Risks and Mitigation

  With continued warfare in Ukraine, conflict in Sudan and tensions between the U.S. and China, the state of international relations appears increasingly volatile. This fractious landscape sits abreast two further global challenges: the climate crisis, and the economy. Extreme weather and high inflation in many countries have exacerbated concerns over energy and resource security and supply chain resilience, prompting consumer nations to act to secure supplies of minerals that are essential for the energy transition. Meanwhile, a resurgence of resource nationalism has seen a number of key producing...

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