March 15, 2023

Committee News: Physical Committee

The Physical Committee met in March, 2023

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.

Security Feature

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.

If you have any issues or questions that you feel should be discussed by the Physical Committee then please contact