Glossary

Compliance means that a person or organisation complies with the applicable laws and regulations of their own accord or adheres to them. Learn about the international standard definition of compliance … and what customs authorities do to ensure compliance.

‘Other legislation applied by the customs authorities’ means legislation other than customs legislation applicable to the goods entering, exiting, passing through the customs territory of the … Union, or to be placed in the Union market, in the implementation of which the customs authorities are involved.

Uniform customs laws apply in a customs territory and there are no internal customs duties or similar taxes. A customs territory comprises territories including their territorial waters, inland … waters and airspace.

There are five main steps in the standard customs risk management process as defined by the World Customs Organization: establish context, identify risks, analyse risks, assess and prioritize … risks and address risks. In addition to these five steps, risk management requires constant monitoring and review.

Risk is the likelihood and the impact of an event, which would prevent the correct application of Union or national measures, compromise the financial interests of the Union and its Member States, … etc.

Part of the EU’s trade rules enforcement arsenal, the Trade Barriers Regulation is a legal instrument that gives EU companies, industries, associations and Member States the right to lodge a … complaint with the Commission about trade barriers in third countries.

Customs compliance means compliance with legal rules and procedures applicable to goods brought into or taken out of the customs territory.

Businesses manage two types of risk: the risk of non-compliance with legal requirements; and the risk to miss out to acquire competitive advantage (by not utilising legal possibilities).

A compliance management framework is a single operating framework that integrates the principal elements of customs risk and compliance management.

Customs represent the regulatory touchpoint for internationally traded goods. The role of customs, like any law enforcement agency, is to ensure compliance with the law. The regulatory requirements … for which customs has administrative responsibility include import, export, and transit of goods, as well as any matters that are administered on behalf of other agencies, such as health, agriculture, taxation, environment, statistics.

ISO 31000 is the acknowledged international standard for managing risk. It is applicable to all organizations, regardless of type, size, activities and location, and covers all types of risk. … It was developed by a range of stakeholders and is intended for use by anyone who manages risks, not just professional risk managers

Transit manual, prepared by the European Commission, is a detailed description of the common and the Union transit procedures. It explains how these transit procedures work and the roles of the … various participants.

EU customs legislation means the body of legislation made up of all of the following: the Union Customs Code and the provisions supplementing or implementing it adopted at Union or national level; … the Common Customs Tariff; the legislation setting up a Union system of reliefs from customs duty; international agreements containing customs provisions, insofar as they are applicable in the Union. Watch the video and learn more (practical examples provided)!

The Union Customs Code (UCC) is set out in the Regulation (EU) No 952/2013 of the European Parliament and of the Council of 9.10.2013. UCC lays down the general rules and procedures applicable … to goods brought into or taken out of the customs territory of the EU.