Browsing: tougher

Members of the European Parliament (MEPs) have approved a major reform of the European Union (EU) Customs Code, introducing tougher rules for e-commerce imports and creating a new customs authority. The changes will affect non-EU web shops, platforms, import-export companies and retail supply chains shipping goods directly to EU consumers.

The European Commission is preparing a major overhaul of product import rules that would place greater responsibility on online marketplaces and introduce new charges on goods entering Europe, as Brussels intensifies its response to the huge volume of low-cost products arriving from China.

The Council of the European Union (EU) has given final approval to a landmark overhaul of the EU customs framework, introducing tougher e-commerce rules, stronger controls on unsafe and non-compliant goods, and a new EU customs authority to improve enforcement and risk management.

Aug 11 — Clearer legal provisions, including prescribed accounting standards and penalties for misreporting financial statements, will be included in proposed amendments to the Tabung Haji (TH) Act 1995 to tighten financial reporting rules in line with recommendations by the Royal Commission of Inquiry (RCI)