A USD1.9m settlement between a US agency and a US corporation highlights the strict approach to violations by U.S. regulators. It’s clear that companies engaged in global trade need sound compliance programmes to avoid regulatory violations and fines.
Blog by author Andrea Krug Iqubal
Iqubal Singh Pannu
Iqubal Singh Pannu is a Senior Solutions Consultant at AEB (International) Ltd. He has considerable consultancy and project management experience within carrier management solutions, advising companies ranging from SMEs to major multi-national corporations on solutions for optimising their supply chain performance within global trade and logistics. His international experience includes work in North…
Jul 10, 2019 Comments (0)
May 02, 2019 Comments (0)
While uncertainty continues to surround the UK’s exit from the European Union, Brexit is already creating a solid foundation in the Netherlands. Dozens of UK companies “have gone Dutch” by now – will there be more to follow?
Mar 04, 2019 Comments (0)
Ongoing Brexit debates and Parliament developments continue to make headlines without delivering official and actionable news for businesses regarding the terms of the UK exit from the EU by 29 March. What should traders do?
Jan 31, 2019 Comments (0)
The United Kingdom is due to leave the European Union at 11pm on March 29. Yet we’re still no wiser as to if, how and under what conditions this is going to happen. Faced with this uncertainty, how can companies prepare?
Jan 14, 2019 Comments (0)
Whether there will be a hard Brexit or no Brexit at all, the borders between countries in Europe and elsewhere are probably on course for a massive shift toward advanced technologies.
Dec 07, 2018 Comments (0)
Innovative IT is changing the way businesses manage their customs processes and service providers. What is the current state of affairs,and what are the prospects for the future? A new study has the answers.
Nov 05, 2018 Comments (0)
In September 2018, the government published letters of advice and guidance for EU-only traders in the UK, outlining how a no-deal Brexit might affect them. How should companies prepare for customs procedures they’ve never been exposed to before?
Jan 17, 2018 Comments (0)
Sifting through dozens of sections, chapters, and subheadings in the tariff nomenclature to find the right code: Classifying products tends to be a complicated process requiring high levels of expertise. Here’s how to simplify things.
Dec 14, 2017 Comments (0)
Many global trading companies outsource their customs management to customs brokers. What are the key aspects for broker selection, and how can businesses recognise and reduce the risks involved?
Sep 19, 2017 Comments (0)
It’s been just over a year since the Union Customs Code (UCC) came into force. It’s been rather quiet since then – what’s the latest? And what impact does it have on everyday business?