The recent meeting of the Physical Committee discussed several items. The key focus areas are outlined below:
TMO & HMRC Engagement
The Committee was provided an update on the discussions and it was noted that the VAT Working Group would review the Memorandum of Understanding (MOU) to bring it up to date and remove any reference to the EU.
The Committee discussed the ongoing interest from service providers to have their security features recognised.
ESG/Provenance Bar Listing
The Committee was informed that the engagement with refiners to understand their systems and processes continued.
This remains of importance to the Committee, however, it was noted that UK REACH had been deferred for at least three years.
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