Global Container Congestion: BPA Statement on calls for an inquiry
The British Ports Association has today responded to calls for a Parliamentary inquiry into global container congestion affecting that is affecting some UK ports.
UK ports are working hard to keep trade flowing and most are managing some unusually high volumes as a result of unprecedented volatility this year. Whilst we appreciate difficulties that some importers have experienced in recent weeks, this is certainly not a systemic issue nor is it unique to the UK. The underlying issues are well understood and there is no case for significant intervention or change to Government policy.
Ongoing customs movements and procedures at the end of the transition period
Find out what to do if you re moving goods or have goods in customs procedures at the end of the transition period.
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Customs movements that start ahead of the end of the transition period will continue under the rules in place when the movement started, provided the goods being moved have Union status.
Goods have Union status if they’re in free circulation in the EU, having either originated in the EU or having been imported from outside the EU and released for free circulation.
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In March 2021, a new European Union regime on
sustainability-related disclosures in the financial sector will
come into force. The Sustainable Finance Disclosure Regulation
2019/2088 (“
SFDR”) contains rules
regarding sustainability-related disclosures which will need to be
made by financial market participants
(“
FMPs”) and financial advisers within
the scope of the Regulation
(“
FAs”).
AIFMs”) in the European
Economic Area (“
EEA”) and certain
AIFMs outside of the EEA (“
Non-EEA
AIFMs”) where they market funds in the EEA under the
national private placement regime
(“
NPPR”).
What new requirements apply from March 2021?
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In March 2021, a new European Union regime on sustainability-related disclosures in the financial sector will come into force. The Sustainable Finance Disclosure Regulation 2019/2088 (“
SFDR”) contains rules regarding sustainability-related disclosures which will need to be made by financial market participants (“
FMPs”) and financial advisers within the scope of the Regulation (“
FAs”).
AIFMs”) in the European Economic Area (“
EEA”) and certain AIFMs outside of the EEA (“
Non-EEA AIFMs”) where they market funds in the EEA under the national private placement regime (“
NPPR”).
What new requirements apply from March 2021?
Our previous client briefing summarised the proposals put forward under the SFDR and the Taxonomy Regulation and given the Taxonomy Regulation will not start to apply until 2022, it is the majority of the SFDR provisions that will apply from 10 March 2021.
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