WCO risk management activities

Risk management is key to the overall reconciliation of the requirements of enforcement, security and facilitation. One of the biggest challenges Customs administrations are facing today is to determine how to best apply risk management to identify and mitigate risk at the operational level. As the only international intergovernmental organization that deals with Customs procedures governing trade between countries,the WCO has developed a variety of different tools which can assist and facilitate its Members’ work in managing risk.