Brokering

This control includes brokering activities.

Illicit brokering of small arms and light weapons

During the consultations, general agreement emerged for States to adopt laws and regulations to control brokering and to develop regional and global agreements on the brokering of small arms and light weapons.

Developing a tool to confront illicit brokering is the next step forward.

However, the issues of extraterritorial jurisdiction and the definition of the scope of brokering activities remain controversial.

I. The reception, brokerage, and investment of third parties' funds in Brazilian or foreign currency

The custody, issuance, distribution, clearing, negotiation, brokerage or management of securities

The amendments apply to inclusion of the terorism aspect, as well as expanding the scope of brokering controls to include certain sensitive dual use items.

According to the Act, the export, transit or brokerage of defence materiel is subject to specific authorization (export and brokerage licence).

It was suggested that the existing regional and subregional agreements could provide a basis for discussions on a global instrument regarding arms brokering.

For example, the Firearms Bill contains a new list of prohibited firearms and it also makes provision for the prohibition of brokering activities.

Member States also suggested that the group address the link between illicit brokering and the inadequacy of end user certificates, as well as marking and tracing.

Recognizing that illicit brokering in small arms and light weapons is a serious problem that the international community should address urgently,

The issue of definition continues to be debated, however, and issues raised during the United Nations consultative process focused on accurately defining the term brokering and whether related activities, such as financing, transport and export controls, should also be included in any core definition.

Broad based consultations on further steps to enhance international cooperation in preventing, combating and eradicating illicit brokering in small arms and light weapons

We agree to develop a legally binding international instrument to regulate the marking and tracing of small arms and light weapons, as well as one to combat illicit brokering.

Article 1 of the ordinance specifies that the supply, sale, transit as well as brokering of items of military equipment of any kind intended for the Sudan are prohibited.

Our next step should be to consider how to improve international cooperation in preventing, combating and eradicating illicit brokering in small arms and light weapons.

(2) Trading or brokering in Schedule 2 chemicals coming from or intended for a State not a party to the Paris Convention

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In preparation for the broad based consultations, the Department organized two workshops on the illicit brokering in small arms and light weapons, with financial support from the Governments of the Netherlands and Norway.

Suggestions were made that the group should, among other things, address funding, banking and shipping activities, licensing systems, the definition of illicit brokering, and the issue of extraterritorial jurisdiction.

As brokering is an essentially intangible activity that encompasses various forms and types of operation, it is very difficult to define comprehensively.

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Its adoption also augurs well for maintaining the momentum of active dialogue among Member States on tackling the issue of illicit brokering in small arms and light weapons.

Some speakers supported the establishment of a group of governmental experts to consider further steps to enhance international cooperation in preventing, combating and eradicating illicit brokering.

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