7 companies were fined by HMRC for violations of export controls

30 Apr 2024, 30 mins ago

On 25 April, HMRC reported on the issuance of compound settlement offers to seven UK exporters, totalling £2.3 million.

One compound settlement for the amount of £1,058,781.79 relates to the export of goods in breach of The Russia (Sanctions) (EU Exit) Regulations 2019. No further details, such as the company name or the nature of the conduct, were disclosed.

On 1 May 2024, the notice to exporters 2024/07: Russian Sanctions has been updated to remove details of the compound settlement as they were incorrect. According to the notice, the settlement payment relates to the unlicenced exports of dual use goods controlled by Retained Regulation 428/2009.

Six other compound settlements, issued between January and March 2024, totalling just over £1.3 million, relate to unlicensed exports of dual-use goods, military-use listed goods and related activity regulated by the Export Control Order 2008.

HMRC noted an increase in voluntary disclosures over the last 12 months, involving:

  • unlicenced exports
  • incorrect licence usage
  • breach of licence conditions

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