Objective

The purpose of this document is to describe the process of regulatory watch necessary to follow up particular regulation and their evolution in terms of Customs and Trade Compliance.

Scope

All countries where CTC has an activity (North America, Brazil, EMEA, South Korea, China)

Actors & Roles

Actors/services

Role

Responsability

External providers

  • Supply and inform about regulatory watch

External Providers

Product Regulatory Compliance

  • Supply and inform about regulatory watch

Product Regulatory Compliance

CTC

  • Collect and consult regulatory information
  • Interpret the texts for implementation
  • Inform the GBUs accordingly
  • Update Google Site

CTC

Scope

Frequency

 

References

 

Attachments

 

Description

Customs and Trade Compliance activities are regulated by specific rules supplied by different organizations like: Customs Authorities, Governmental Agencies, Trade Associations, European Commission, Freight forwarders, Product  Regulatory Compliance etc…”: 

The regulations are in constant evolution and have to be strictly followed by CTC and applied on CTC activities to be compliant.

After analysis, CTC:

  • takes in charge the communication with the BU if needed
  • makes sure that information are well understood by the various stakeholders
  • updates the Information System and Google Site properly
  • ensures that rules are correctly applied on all processes linked to Customs and Trade Compliance activities.