BEX Blog
News, Updates, Tipps, Informatives und Interna
HS 2028: What companies should know now about the new customs tariff numbers
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...
New export control law in China
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...
This is important to bear in mind when dealing with trade embargoes
A trade embargo is imposed by a state or alliance of states on foreign trade with certain other countries. For companies that engage in international trade, this often means significant restrictions on the export and import of certain goods, as well as on global...
Sanctions list screening: Overview of obligations
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...
Definition: What is an embargo and what impact do embargoes have on the movement of goods?
An embargo can severely restrict trade relations between countries – for example, in the context of sanctions against companies, organisations and individuals. Whether your imports and exports are affected may depend on the type of goods to be shipped, the parties...
Arms Embargo
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...
Definition: What is a sanction and what types of sanctions are there?
Since Russia's war in Ukraine, at the latest, the issue of sanctions has come into the public spotlight. But what exactly is a sanction, why are sanctions imposed, and who is affected? We provide an overview of all the important information.Definition: Sanction What...
Sanctions list screening: How companies minimise risks automatically and in a legally compliant manner
Whether you are a financial services provider, an export-oriented SME or a large corporation, compliance with sanctions regulations is an integral part of modern compliance strategies. Automated sanctions list screening plays a central role in this. This is because...
Embargo countries: Important information about the embargo country list
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....