ISF Enforcement: Penalties, Filing Errors, and Mitigation
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ISF Enforcement: Penalties, Filing Errors, and Mitigation

ByGTCrepost

While enforcement of ISF (Importer Security Filing) violations began in May 2015, the enforcement environment has stiffened markedly in the last year. ISF requires importers and carriers to provide a set of information for any shipments being imported into the United States within at least 24 hours before loading their shipments or else they may face major…

If Convicted, Huawei Faces Bigger Problems than Fines
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If Convicted, Huawei Faces Bigger Problems than Fines

ByGTCrepost

CHINESE TELECOM GIANT Huawei could face millions in fines if convicted of all charges in two indictments unsealed by the US Department of Justice Monday. But the money is likely the least of Huawei’s worries. The first indictment accuses Huawei and its executives, including CFO Meng Wanzhou, of crimes including bank fraud, wire fraud, money…