EU customs reform: Digital transformation of the European customs union picks up speed The European Union is facing the biggest reform of its customs union since it was founded in 1968. Following the agreement in principle by the EU member states in the Council at the...
No more mountains of paper and waiting times: Since September 15, 2025, German companies have been able to process their certificates of origin completely digitally. The German Chambers of Industry and Commerce have introduced the digital certificate of origin (dUZ) -...
The international list of goods, known as the Harmonized System (HS), is about to undergo its next major reform. However, unlike usual, the update will not take place after 5 years, but only after 6 years. We summarize for you, what is behind the postponement to HS...
Update 2025: Stricter regulations and expanded dual-use goods list In December 2020, China passed a new export control law that has been in force since December 1, 2020. The law regulates the export of dual-use goods, military goods, and other controlled items from...
Introduction: Sanctions lists and their verification are essential tools for ensuring compliance with international and national regulations. They serve to check business contacts for possible connections to sanctioned persons, organisations or countries. Companies...
What is an arms embargo? Information and tips for dealing with arms embargoes The significance of arms embargoes Particularly in connection with Russia's current war against Ukraine, arms exports and restrictions on them have once again become a topic of public...
Which countries are currently on the EU's embargo list? And what does this mean for foreign trade? An embargo country is a state against which comprehensive or sectoral embargo measures have been imposed – for example, in the areas of energy, technology, or finance....
In international trade, companies can face various forms of sanctions, the most severe of which is a total embargo. This comprehensive measure has a profound impact on foreign trade. Companies involved in foreign trade should understand the prohibitions and...
Basics of the “Know Your Customer” (KYC) principle “Know Your Customer”, or KYC for short, is a procedure for identifying business partners and customers that is designed to prevent criminal activities such as money laundering and terrorist financing. This makes the...