Tools and Best Practices for Informed Compliance

The term “Informed Compliance” was formally introduced in the United States with the enactment of the Customs Modernization and Informed Compliance Act (the Mod Act) in 1993.

The concept evolved from what had been a somewhat strained and often adversarial relationship between Customs and the trade community.

What follows are some recommended tools and best practices to assist all companies actively involved in global trade (whether importing, exporting, or both) to thrive in today’s world of Informed Compliance and to achieve optimal performance while minimizing penalties.

 Digital
Thomson Reuters

Send to Other

Share