Mastering the EU Deforestation Regulation

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  • Опубликовано: 7 ноя 2024

Комментарии • 4

  • @DomZ-k5r
    @DomZ-k5r Месяц назад +1

    Thank you for a truly detailed and comprehensive overview! Leaving a summary that might help others navigate through the most important aspects.
    🎯 Key points for quick navigation:
    00:00:14 *🎥 The webinar on the EU Deforestation Regulation is recorded, and slides will be shared with participants. A Q&A feature is available for questions.*
    00:00:38 *📜 The EU Deforestation Regulation (EUDR) focuses on strategies and guidelines for efficient implementation. There are ongoing challenges in understanding its requirements.*
    00:01:21 *⚖️ Experts will provide an overview of the EUDR's legal requirements, timelines, scope, and sanctions, and discuss risk assessment approaches and compliance strategies.*
    00:02:14 *🗓️ The EUDR includes key dates: December 31, 2020 (cut-off date for deforestation-free status) and June 29, 2023 (official start date), with a phased implementation until December 2024.*
    00:03:45 *🏢 EUDR applies differently based on company size, distinguishing SMEs from larger corporations based on EU financial directive thresholds.*
    00:04:22 *📊 Companies exceeding set thresholds are included in the early phase of the EUDR, while smaller businesses follow later, with specific criteria detailed in the EU's directives.*
    00:05:55 *🔍 The EUDR lacks clarity on whether thresholds apply to individual companies or consolidated groups; the focus is likely on individual companies.*
    00:07:26 *🌍 The EUDR mandates a benchmarking system for classifying countries by risk level, affecting compliance obligations, though it’s not yet enforced.*
    00:09:09 *🛑 The EUDR prohibits placing non-compliant products on the market, requiring them to be deforestation-free, legally produced, and covered by due diligence statements.*
    00:10:04 *🔄 Unlike other due diligence laws, the EUDR is product-based, emphasizing prohibition over best-effort compliance, with specific product codes determining scope.*
    00:11:09 *🔍 Companies must assess whether products fall within EUDR scope through product code checks, requiring extensive review of EU's nomenclature.*
    00:13:14 *📦 Packaging, particularly if it’s wood or cardboard, often falls outside EUDR scope unless explicitly covered by product codes.*
    00:16:12 *🧼 Products derived from original commodities, like soap from palm oil, may not fall within the EUDR scope if significantly processed.*
    00:17:54 *🌐 Companies must determine product origin and ensure deforestation-free status using satellite data and compliance with national laws.*
    00:20:04 *🏭 Key players in EUDR are "operators" who place products on the market and "traders" who make them available, each with distinct obligations.*
    00:21:25 *📈 Operators must fulfill due diligence when importing or exporting, with ambiguity regarding non-EU suppliers as operators.*
    00:25:07 *🔄 A company, deemed an operator, must perform due diligence when placing products within the EU market and reference applicable diligence statements for traders.*
    00:30:13 *🔄 Traders can reference operators' due diligence statements but must ensure compliance with obligations, often necessitating internal procedures.*
    00:32:04 *❓ Legal uncertainties persist regarding the EUDR, with lack of clarity even among EU officials, placing companies in challenging positions.*
    00:32:14 *⚖️ Discussion on the definitions of making available on the Union Market and commercial activity within the EU deforestation regulation (EODR) and the ambiguities involved.*
    00:34:04 *👜 Example illustrating the implications for companies purchasing relevant products like leather but selling non-relevant products such as handbags.*
    00:34:56 *📜 The role of supply and transfer of ownership in EODR and comparable product safety laws.*
    00:37:38 *🆓 Possible legal loopholes in EODR when purchasing relevant products like leather but selling non-relevant products.*
    00:40:06 *🌍 Scenarios discussed involving purchasing relevant products from outside the EU, leading to obligations for due diligence statements.*
    00:45:11 *🗂️ Overview of obligations under EODR, highlighting discrepancies in requirements between operators and traders.*
    00:48:41 *📅 Introduction to a structured implementation timeline for companies to comply with EODR, focusing on preparation, implementation, and compliance phases.*
    00:53:25 *🔍 Advice for companies to determine EODR compliance scope using customs records and product catalogues.*
    01:00:23 *🌱 Process of collecting origin information and due diligence documentation from suppliers, emphasizing early supplier awareness.*
    01:01:36 *🔄 Risk assessment structured into origins and due diligence systems, critical for EODR compliance.*
    01:02:29 *🌍 The EU will classify countries into risk categories affecting deforestation assessments; low-risk countries will face a simplified process.*
    01:04:02 *🛰️ Satellite data is essential for confirming compliance with EU deforestation standards starting from December 2020.*
    01:06:05 *📊 A risk-based approach is necessary to determine product compliance with local deforestation regulations.*
    01:10:11 *📜 Due diligence statements are crucial, with potential unique requirements per transaction as per early reports from Dutch customs.*
    01:13:31 *🤝 Collaboration and communication with suppliers are essential to ensure compliance and to obtain necessary deforestation compliance information.*
    01:16:07 *🛠️ Unexpected scenarios, such as spare parts containing natural rubber, might bring companies involuntarily into the EU deforestation regulation scope.*
    01:20:04 *🚧 Companies face challenges in supply chain transparency, needing to trace products back to their origin amid new regulations.*
    01:21:11 *📦 Importance of supplier cooperation to comply with the EU regulations and maintain the ability to import and sell products under new law requirements.*
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  • @sage8ksage
    @sage8ksage 3 месяца назад +1

    It's a really good and informative webinar. Thanks for posting and making it available online.... 🙏

  • @andreacatalinafajardo9034
    @andreacatalinafajardo9034 6 месяцев назад +2

    it was a great webinar as always!

    • @prewave
      @prewave  6 месяцев назад

      Thank you for the feedback!