March 11, 2021
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Transforming Customs operations management teams into strategic players

Photo from WCO News Journal

Within companies, Customs operations management teams are typically slow to adopt new technology. Yet by adopting trade software solutions, they could centralize and automate their Customs and trade compliance processes and harness the value of data, saving time and money and informing strategic decisions. Although this article mainly addresses companies, it is also of interest to Customs administrations who want to understand the solutions and tools that are available on the market and that enable companies to modernize their Customs and trade compliance processes.

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en, lt, ru
Compliance management framework
23-05-2021

Compliance management framework incorporates the key aspects of an effective risk-based compliance management strategy, including the law that is to be enforced processes and procedures that regulate the way in which the law is applied, services to support the community’s ability to comply with the law, methods of assessing compliance with the law, processes for assessing risks of non-compliance with the law, techniques to mitigate identified risks, strategies to address the continuum of compliance behaviour.

compliance and risk management
en, lt, ru
Compliance management framework
23-05-2021

Compliance management framework incorporates the key aspects of an effective risk-based compliance management strategy, including the law that is to be enforced processes and procedures that regulate the way in which the law is applied, services to support the community’s ability to comply with the law, methods of assessing compliance with the law, processes for assessing risks of non-compliance with the law, techniques to mitigate identified risks, strategies to address the continuum of compliance behaviour.

compliance and risk management
en, lt, ru
Risk management standard
22-05-2021

ISO 31000 is the acknowledged international standard for managing risk. It is applicable to all organizations, regardless of type, size, activities and location, and covers all types of risk. It was developed by a range of stakeholders and is intended for use by anyone who manages risks, not just professional risk managers

compliance and risk management
en, lt, ru
Risk management standard
22-05-2021

ISO 31000 is the acknowledged international standard for managing risk. It is applicable to all organizations, regardless of type, size, activities and location, and covers all types of risk. It was developed by a range of stakeholders and is intended for use by anyone who manages risks, not just professional risk managers

compliance and risk management
en
Customs Digital - online magazine for digitization of customs
15-05-2021

Customs Digital is a newly launched magazine for customs practitioners in Europe. The editor Janine Lampprecht says: "We want to explain things simply, pragmatically, and clearly, and to generate interest in the digitization of customs. Our vision - to revolutionize the customs world and make IT easy to understand for customs practitioners". Learn more about the magazine reading the interview with Janine and watching a video record of the talk during the webinar 'Journals on Customs'.

Janine Lampprecht

electronic systems; novel technologies
en
Customs Digital - online magazine for digitization of customs
15-05-2021

Customs Digital is a newly launched magazine for customs practitioners in Europe. The editor Janine Lampprecht says: "We want to explain things simply, pragmatically, and clearly, and to generate interest in the digitization of customs. Our vision - to revolutionize the customs world and make IT easy to understand for customs practitioners". Learn more about the magazine reading the interview with Janine and watching a video record of the talk during the webinar 'Journals on Customs'.

Janine Lampprecht

electronic systems; novel technologies
en
Managing customs risk and compliance: an integrated approach
14-04-2021

This article introduces a contemporary framework for managing compliance in the customs context that fully integrates the principal elements of customs risk and compliance management. In doing so, it explores the manifold resources that have been developed by the World Customs Organization (WCO) and other parties that may be used by administrations to support implementation of the framework. The integrated model draws together the author’s contribution to the literature over several years and provides practitioners with a logical and inclusive methodology for managing compliance at a strategic or operational level.

Dr. David Widdowson

compliance and risk management
en
Managing customs risk and compliance: an integrated approach
14-04-2021

This article introduces a contemporary framework for managing compliance in the customs context that fully integrates the principal elements of customs risk and compliance management. In doing so, it explores the manifold resources that have been developed by the World Customs Organization (WCO) and other parties that may be used by administrations to support implementation of the framework. The integrated model draws together the author’s contribution to the literature over several years and provides practitioners with a logical and inclusive methodology for managing compliance at a strategic or operational level.

Dr. David Widdowson

compliance and risk management
en
Managing the cost of making customs declarations: are software solutions the future?
07-04-2021

How much does it cost? When goods cross a border, customs formalities must be completed. Customs brokers help businesses complete these formalities. In the UK, £32.50 per declaration is HMRC’s estimated cost of this service, but in reality, the price tag can be as high as £150 per declaration. For businesses trading between the UK and the EU, this is an additional cost of Brexit. Unlike customs duties, this cost cannot be reduced by using the EU–UK Trade and Cooperation Agreement. Many businesses are considering completing customs declarations in-house with the help of software solutions. But is this the right option for everyone?

Jessica Yang

electronic systems; novel technologies
en
Managing the cost of making customs declarations: are software solutions the future?
07-04-2021

How much does it cost? When goods cross a border, customs formalities must be completed. Customs brokers help businesses complete these formalities. In the UK, £32.50 per declaration is HMRC’s estimated cost of this service, but in reality, the price tag can be as high as £150 per declaration. For businesses trading between the UK and the EU, this is an additional cost of Brexit. Unlike customs duties, this cost cannot be reduced by using the EU–UK Trade and Cooperation Agreement. Many businesses are considering completing customs declarations in-house with the help of software solutions. But is this the right option for everyone?

Jessica Yang

electronic systems; novel technologies
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