Import Compliance

Tuesday, March 21, 2006

About

CBP IS STEPPING UP TRADE COMPLIANCE.

IS YOUR COMPANY READY?

US importers are under tremendous pressure to comply with fast-changing trade regulations and avoid costly monetary penalties and border delays. Now that Customs officials have warned importers that the Customs and Border Protection agency plans to increase enforcement initiatives after its emphasis on anti-terror security measures following 9/11 attacks, companies must focus their attention like never before on the need for rigorous internal controls on the import process as well as internal auditing and systems checks. CBP field offices are conducting more audits, penalties are rising, cases are high profile and yesterday's knowledge simply isn't enough to ensure compliance today!

Where should you focus your resources in the short and long terms to ensure import compliance? Which customs and security programs will be key to your company's continued international trade success? What are other US importers doing to meet these new requirements? What if your company receives an audit questionnaire from CBP? What internal controls does CBP expect importers to implement and document?

The American Conference Institute's Import Compliance publication is a rare opportunity to get comprehensive, insightful and practical guidance on how to set up a successful import compliance program. The publication will include the latest information on:

  • What "red flags" or common errors could lead to penalty action if an importer fails to act with reasonable care
  • Whether ACE is effective and providing a better alternative to the current environment
  • How to develop a company-wide customs database
  • How to handle customs requests during an FA
  • How to develop best in class customs SOPs
  • Key steps to identify if your organization is "ISA ready"
  • Documentary requirements for Chapter 98 HTSUS claims

Contents & Contributors

About

CBP IS STEPPING UP TRADE COMPLIANCE.

IS YOUR COMPANY READY?

US importers are under tremendous pressure to comply with fast-changing trade regulations and avoid costly monetary penalties and border delays. Now that Customs officials have warned importers that the Customs and Border Protection agency plans to increase enforcement initiatives after its emphasis on anti-terror security measures following 9/11 attacks, companies must focus their attention like never before on the need for rigorous internal controls on the import process as well as internal auditing and systems checks. CBP field offices are conducting more audits, penalties are rising, cases are high profile and yesterday's knowledge simply isn't enough to ensure compliance today!

Where should you focus your resources in the short and long terms to ensure import compliance? Which customs and security programs will be key to your company's continued international trade success? What are other US importers doing to meet these new requirements? What if your company receives an audit questionnaire from CBP? What internal controls does CBP expect importers to implement and document?

The American Conference Institute's Import Compliance publication is a rare opportunity to get comprehensive, insightful and practical guidance on how to set up a successful import compliance program. The publication will include the latest information on:

  • What "red flags" or common errors could lead to penalty action if an importer fails to act with reasonable care
  • Whether ACE is effective and providing a better alternative to the current environment
  • How to develop a company-wide customs database
  • How to handle customs requests during an FA
  • How to develop best in class customs SOPs
  • Key steps to identify if your organization is "ISA ready"
  • Documentary requirements for Chapter 98 HTSUS claims

Contents & Contributors


AUTOMATED COMMERCIAL ENVIRONMENT
Louis Samenfink, U.S. Department of Homeland Security

2005: AN ACE ODDYSSEY
Tammy Hetrick, Burton Snowboards

ACE: AUTOMATED COMMERCIAL ENVIRONMENT
Don Huber, General Electric Company

ACE AND THE BROKER
Amy Magnus, A.N. Deringer

ACE: AUTOMATED CUSTOMS ENVIRONMENT
Alison Reichstein, Hewlett-Packard Company

INTERNAL AUTOMATION: KEYS TO INTEGRATING CUSTOMS AND IT SYSTEMS
Meredith Covey, Williams-Sonoma, Inc.

INTEGRATING DISPARATE DATASYSTEMS
Jerry L. Storey, Fonterra (USA) Inc.

WCO SAFE FRAMEWORK OF STANDARDS: SECURITY AND FACILITATION IN A GLOBAL ENVIRONMENT
Michael T. Schmitz, World Customs Organization

SUPPLY CHAIN SECURITY IN A NEW BUSINESS ENVIRONMENT
Jeremy Luczkowski, Customs-Trade Partnership Against Terrorism

SURVIVING A FOCUSED ASSESSMENT: LESSONS LEARNED FROM RECENT AUDIT SURVIVORS
Carol Fuchs, Tyco International (US) Inc.
Roger McCrary, Bayer Corporation

USING FTAS TO MAXIMIZE OPERATING, LOGISTIC AND FISCAL EFFICIENCIES AND TO MINIMIZE DUTY COSTS
H. Douglas Garfield, PepsiCo International

WHAT MAKES A GOOD PENALTY CASE
Robert Allen, U.S. Department of Homeland Security

CUSTOMS ENFORCEMENT PANEL: WHAT MAKES A GOOD PENALTY CASE
Charles D. Ressin, U.S. Department of Homeland Security

INTERNAL CONTROLS: DEVELOPING BEST IN CLASS IMPORT SOPS
Steve Johnsen, Bayer Corporation

INTERNAL CONTROLS: DEVELOPING BEST IN CLASS IMPORT SOP'S
Sally Meier, International Business Machines

CREATING A WORLD-CLASS CUSTOMS COMPLIANCE PROGRAM
Paula Swanson, Sanofi Pasteur

INTERNAL CONTROLS…BEING CREATIVE – TO ACCOMPLISH BEST IN CLASS IMPORT SOPS
Diane Thompson Divin, Mary Kay Inc.

INTERNAL CONTROLS: DEVELOPING BEST IN CLASS IMPORT SOPS
Matthew M. Nolan, Arent Fox

PREPARING FOR THE ISA EXPERIENCE: IS YOUR COMPANY READY?
Stephen Chace, Aventis Inc., a member of the Sanofi-Aventis Group
Aaron M. Gothelf, BP America Inc.
Mark Schissel, Target Corporation
Leigh A. Schmid, Limited Brands, Inc.
Bruce H. Leeds, The Boeing Company

CBP ACCEPTED SAMPLING METHODS
Joseph Arcuri, U.S. Department of Homeland Security

PREPARING FOR A NAFTA VERIFICATION BY CANADIAN AND MEXICAN AUTHORITIES
Michelle F. Forte, Esq., Ciba Specialty Chemicals, Corp.

NAFTA VERIFICATIONS
Maureen Pearson, Thomson Inc.

RETURN OF US GOODS: HOW TO DOCUMENT CHAPTER 98 CLAIMS
David P. Sanders, Katten Muchin Rosenman

PERFORMING AN AUDIT OF YOUR COMPANY'S IMPORT COMPLIANCE: A COMPLETE GUIDE FOR A SUCCESSFUL SELF-ASSESSMENT
John B. Brew, Collier Shannon Scott, PLLC
John P. Mulcahy, FMC Corporation

MANAGING FREE TRADE AGREEMENTS
Melvin S. Schwechter, LeBoeuf, Lamb, Greene & MacRae, LLP
Susan Renton, Tyco International (US) Inc.



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0