From CBP: Information & Guidance for Goods Returning to the U.S. From the CBP (U.S. Customs & Border Protection) issued a CSMS #17-000046 on January 31, 2017: The intention is to provide information concerning the documents that may be requested when reviewing duty free claims under subheading 9801.00.10. Background On April 25, 2016, a change to the … [Read more...]
Owner Of Major Online Business Sentenced to 46 Months in Prison in Largest-Ever Scheme to Import and Sell Counterfeit Products
Owner Of Major Online Business Sentenced to 46 Months in Prison in Largest-Ever Scheme to Import and Sell Counterfeit Products From DOJ: The owner and operator of Candy Color Lenses, a major online retailer of colored contact lenses in the United States, was sentenced to 46 months in prison today for running an international operation importing counterfeit and misbranded … [Read more...]
OFAC Reports $5.9 Million Penalty for Violation of Sanctions
OFAC Reports $5.9 Million Penalty for Violation of Sanctions The Office of Foreign Assets Control [OFAC] reported National Oilwell Varco,Inc., a Delaware corporation, and two subsidiaries have agreed to pay $5.98 million to settle their potential civil liability for apparent violations of the Cuban Assets Control Regulations, the Iranian Transactions and Sanctions … [Read more...]
Trade Compliance: Policy & Procedure Documentation
Trade Compliance: Policy & Procedure Documentation Trade compliance policies & procedures should be documented, trained, implemented and audited. Start with a high level policy that describes: Introduction and Company Background Background Company Information Company Organization Company Trade Compliance Policy Purpose of Trade … [Read more...]
October Newsletter
October Newsletter ⇒UPDATES ON HANJIN SHIPPING Hanjin – Update ⇒Reminder: DCS Changing Destination Control Statements (DCS) Changing - →Effective 11-15-2016 PER BIS & STATE DEPT ⇒Risk Assessment TRADE COMPLIANCE: RISK ASSESSMENT →Analyzing threats & knowing your … [Read more...]