With increased amounts of trade, there is an evident need for higher product safety and new IT systems, which is why in 2008 the Modernised Customs Code (MCC) was adopted as an adjunct to the 1992 EU Customs Code. Since the MCC has been in force, there were several implementing provisions announced in February 2012, which at the time were said to take effect 24 June 2013. That date however wasn’t met due to the complexity of the legal, technical and operational challenges.
The European Commission proposed a recast of the MCC to align it to the Treaty of Lisbon, adjust it to the practical aspects and developments in customs legislation and allow sufficient time for the development of supporting IT systems. The MCC then became known as the Union Customs Code (UCC).
Since the UCC is nearing completion, with a new date set of 1 November 2013, what will this mean for trade?
Join Integration Point and Jim Repper from HM Revenue & Customs UK (HMRC) – UCC Negotiations Team for a free, 60-minute educational webcast Wednesday, 17 July, 2013 at 2:00 p.m. Central Europe Time (CET)/ 8:00 a.m. EDT, to gain a better understanding of the UCC and what the latest timescales really means to the trade.
During the webcast, Jim Repper will highlight the following discussion points in regards to the UCC:
- How the EU Customs Code has evolved from CCC to MCC to UCC
- What the different elements of the UCC cover
- What the major changes in the customs code include
- What the current timelines really mean to the Trade
Register now for this educational webcast on the UCC update.