[US] Importer Bona Fides, Benefits for Broker Best Practices Discussed at COAC Meeting

U.S. Customs and Border Protection and trade community representatives are continuing to work on developing a standard way for importers of record to establish their identity to customs brokers. A work group within the Trade Modernization Subcommittee of the Advisory Committee on Commercial Operations of CBP (COAC) has spent the last few months discussing what bona fides importers should be required to present to brokers, but no agreement has yet been reached. COAC adopted several related recommendations to CBP at its Nov. 15 meeting...

This has been excerpted from the 22 November 2013 article by Sandler, Travis & Rosenberg LLP, and is available in its entirety at: http://www.strtrade.com/news-publications-customs-brokers-importers-bona-fides-112213.html.