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The Certification Board of
Governors (CBG) firmly believes “Voluntary“ Best
Practices alone aren’t getting the job done as evidenced
by the growing number of violations and violators.
Additionally, as fines continue to increase, the
quantity, specificity, complexity, severity and cost of
government mandated remedial compliance measures are on
the rise as well.
The CBG is a strong advocate
for implementation and integration of Best Practices
into any world class trade compliance program. Without
proven Best Practices that fit your organization any
international trade compliance effort falls short of
doing all that needs to be done to meet globally
expanding and demanding multiple-entity regulatory
requirements. The question you must ask is: “Is your
global trade compliance program super or superficial?”
Without Best Practices it’s virtually guaranteed to be
the latter.
However, knowing about Best
Practices and actually folding them into your
international trade compliance program are two different
things. Unless Best Practices are part of what you’re
doing on a day-to-day basis and have been refined to fit
the unique nature of your global integrated trade
compliance effort they have little or no value.
Here are some of the
industry and US Government sources for best practices
and related guidelines for developing world class trade
compliance programs. Key elements you must also
consider are in the US Sentencing
Commission Sentencing Guidelines that make the direct
connection between corporate senior leadership and the
Board of Directors when it comes to knowledge and
oversight of any organization’s trade compliance
efforts. As it should, compliance responsibility now
stops at the highest level in any organization.
NOTE: Global integrated
trade compliance brings together the financial and
physical supply chains including exports, imports,
customs and all the related elements.
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