Jeremy Page’s Post

The Office of Trade's Trade Policy and Programs, in collaboration with stakeholders, has updated CBP's internal directive on Monetary Guidelines for Setting Bond Amounts, originally issued in 1991. The initiative aims to address gaps, clarify responsibilities, and foster collaboration between CBP and the trade community to facilitate lawful trade and protect U.S. revenue. The updated guidance and a summary of changes are linked below. https://lnkd.in/gSENNQzb

🎯 How can we contribute to a responsible arms trade? Dive into the intricate obligations and implications associated with being a State Party to the #ATT in our course on "Building Capacity for Effective Implementation of the Arms Trade Treaty"! Set for March, this course is designed to equip participants with the essential #knowledge and #skills needed to navigate the complex landscape of #internationallaw governing the transfer of conventional #arms, with a particular focus on mitigating destabilisation and preventing human suffering. 🔗 Secure your spot now for an enriching experience that goes beyond theoretical understanding: https://bit.ly/4a9BfJR

Good to see progress on this issue. Despite the UK frequently being held as an example of good practice when it comes to ownership transparency, the Overseas Territories and Crown Dependencies remain a major outlier. #UBO #beneficialownership

Clear the Confusion: CBP Unveils New Guide on Setting Bond Amounts! Ever wondered how U.S. Customs and Border Protection (CBP) determines your bond amount? Now, understanding is a breeze! CBP just released "A Guide for the Public: How CBP Sets Bond Amounts," offering clear explanations and key updates. What's New? ☑ Transparency: Dive deeper into the factors influencing your bond amount, from types of goods to past compliance history. ☑ Increased Minimums: Expect revised minimums for specific bond types, ensuring sufficient coverage for CBP. ☑ Formula Enhancements: Get a peek behind the curtain with explanations of the formulas used to calculate bond amounts. ☑ Streamlined Process: Navigate the guide easily with a user-friendly format and helpful resources. Want to know more? Head over to https://lnkd.in/gXRytDRw and learn all about how CBP sets bond amounts! #CBP #bonds #trade #transparency #business P.S. Share this post with anyone involved in international trade! They'll thank you.

ICYMI: Here are the key takeaways from our fireside chat with Lawrence Scheinert, Associate Director for Compliance and Enforcement at the Office of Foreign Assets Control, including: - Enforcement Priorities - Behind-the-Scenes Enforcement Activities - Voluntary Self-Disclosures - Doubling of Statute of Limitations - Increased International Cooperation

The Council has approved the 14th sanction package against Russia’s aggression towards Ukraine, adding 69 individuals and 47 entities to the list of those facing restrictive measures. The package includes amendments such as prohibiting EU road transport by entities 25% or more owned by Russians, addressing the trade of unlawfully removed Ukrainian cultural property, and imposing restrictions on intellectual property applications by Russians and financial transaction bans. Additionally, it introduces new sectoral bans, exemptions, and export restrictions to enhance enforcement and security. Decision (CFSP) 2024/1744 introduces a sectoral ban prohibiting access to Member States’ ports and locks as well as a broad range of services related to maritime transport for vessels which contribute to Russia’s ability to wage war against Ukraine. Vessels subject to the restrictive measures are listed in Annex XVI. It additionally clarifies the scope of the port access ban for Russian-flagged vessels and adds a derogation. For more information please kindly consult the adopted relevant texts on the SMB website by following this link: https://lnkd.in/dRexPAgZ 

A really interesting topic. Looking forward to this panel!

For Purvaja Modak and Rachel Thrasher, a reformed Appellate Body at the World Trade Organization must include modifications to the procedural rules, providing guardrails that clarify timelines and the scope of decisions being reviewed. Read more in a recent T20 policy brief: https://lnkd.in/ekWQeZBY

I found this to be an amazing discussion. What is not being understood by so many is that the States have their own power. Our Federal Government exists because all 51 States agreed to have a contract of one authority on Federal issues. So, what happens when the current administration decides it has ultimate authority over states rights and you end up with a Constitutional Crisis. Here is why this is so concerning because it lead up to the start of the American Civil War in 1861. Our Constitution framed out 3 branches of the Federal government each independent against the other. Their aim and goal was to do what was best for the country not for an administration or political party. Our Founding Fathers saw this in other governments and wanted something different in crafting ours. Yes, our Constitution is a piece of paper to some, but to others it is a flow of ideas to not make a perfect government or society, but one that is for the people and by the people. It was never intended to have the rich or most popular make decisions for everyone in the country. Which is why discussion like this are so important. The moment we stop having these discussions is the moment when we start punching each other.