CWTS provides various global trade consulting services including trade compliance training, trade classification projects, duty drawback programs to recover duties paid, supply chain security programs to meet compliance standards like C-TPAT and PIP, and restricted party screening software. Services also include audit assessments to evaluate an organization's trade controls and compliance practices. CWTS' trade management software solution helps companies automate import/export processes and screen restricted parties to increase compliance with customs and regulatory requirements.
Bovill briefing: Making AIFMD business as usual - Annex IV reporting - Octobe...Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the October 2014 briefing On AIFMD. For more information visit www.bovill.com.
Further information on the event is below:
Making AIFMD business as usual
When AIFMD came fully into force in July it felt like the end of a long journey. The end of the transitional period, however, was just the beginning. Firms now need to make sure their AIFMD policies and procedures are properly embedded and working effectively.
The Annex IV reporting regime presents a particular challenge for affected firms in remaining compliant with the Directive.
Relevant for anyone involved in meeting AIFMD requirements, Bovill’s briefing covers:
• a recap of what AIFMD is all about
• how to effectively monitor compliance under the Directive
• the practicalities of Annex IV reporting and how Bovill can help.
Bovill Briefing Introducing MiFID II September 2014Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the September briefing - the first of a series on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
MiFID brought major regulatory change to investment firms back in 2007. But technological strides and market developments since the financial crisis are now exposing weaknesses in the directive.
MiFID II is a complete rebuild – aiming to close the gaps in the regulatory framework and introduce a ‘Mark 2’. Strong enough to protect the investment industry whatever the future holds, Mark 2 will also help achieve all of MiFID’s original aims by bolstering investor confidence.
At over 200 pages, MiFID II is longer, broader and more granular than MiFID I. It increases regulatory requirements, may well bring new firms into its scope, and will require changes to the way some investment firms currently work.
The first in a series of Bovill briefings on different elements of MiFID II, this introductory session provides:
• a general overview of the directive
• detailed timelines
• the steps you need to start taking now.
This briefing is relevant for all compliance officers of firms that undertake investment business in UK and Europe including those firms that are currently exempted from MiFID I.
MoneyWare FundWare™ enables organization to rapidly comply with the AIFMD requirements in respect of leverage, liquidity monitoring, risk management and regulatory reporting, without implementation costs or delay. The cost of compliance is significantly reduced through plug-and-play functionality, integrated data availability, automated report production and through availability as a hosted software as a service solution.
Bovill briefing: Making AIFMD business as usual - Annex IV reporting - Octobe...Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the October 2014 briefing On AIFMD. For more information visit www.bovill.com.
Further information on the event is below:
Making AIFMD business as usual
When AIFMD came fully into force in July it felt like the end of a long journey. The end of the transitional period, however, was just the beginning. Firms now need to make sure their AIFMD policies and procedures are properly embedded and working effectively.
The Annex IV reporting regime presents a particular challenge for affected firms in remaining compliant with the Directive.
Relevant for anyone involved in meeting AIFMD requirements, Bovill’s briefing covers:
• a recap of what AIFMD is all about
• how to effectively monitor compliance under the Directive
• the practicalities of Annex IV reporting and how Bovill can help.
Bovill Briefing Introducing MiFID II September 2014Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the September briefing - the first of a series on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
MiFID brought major regulatory change to investment firms back in 2007. But technological strides and market developments since the financial crisis are now exposing weaknesses in the directive.
MiFID II is a complete rebuild – aiming to close the gaps in the regulatory framework and introduce a ‘Mark 2’. Strong enough to protect the investment industry whatever the future holds, Mark 2 will also help achieve all of MiFID’s original aims by bolstering investor confidence.
At over 200 pages, MiFID II is longer, broader and more granular than MiFID I. It increases regulatory requirements, may well bring new firms into its scope, and will require changes to the way some investment firms currently work.
The first in a series of Bovill briefings on different elements of MiFID II, this introductory session provides:
• a general overview of the directive
• detailed timelines
• the steps you need to start taking now.
This briefing is relevant for all compliance officers of firms that undertake investment business in UK and Europe including those firms that are currently exempted from MiFID I.
MoneyWare FundWare™ enables organization to rapidly comply with the AIFMD requirements in respect of leverage, liquidity monitoring, risk management and regulatory reporting, without implementation costs or delay. The cost of compliance is significantly reduced through plug-and-play functionality, integrated data availability, automated report production and through availability as a hosted software as a service solution.
Capital market firms are making decisions on which business lines, asset classes and services to keep and operate and which ones to exit. Regulatory reform and the
clearing mandate are driving the firms to consolidate their traditional exchangetraded derivatives (Futures and Options) and OTC derivatives into a single clearing
business, even while bi-lateral, uncleared derivatives will continue to co-exist with cleared products.
Blockchain and trade finance- How does Blockchain work in trade finance?Zabeel Institute
Blockchain and trade finance modern technology allow the recording of purchases on a distributed ledger across a network of individuals. The data from these deals is stored in blocks. Each block consists of a time-stamped document of the purchases.
This article discusses and explains to you Blockchain and trade finance, how does Blockchain work in trade finance?
How do you know that your ERP system is SOX compliant? How can you enforce Segregation of Duties (SoD) rules? Don't be another Enron. Use compliance software to give your ERP software a check up from the neck up.
To arrange for a demo of SOX and SoD compliance software for your ERP system, send an e-mail to info@i-app.com or call Performa Apps CEO Dan Aldridge at 703.251.4504.
For much more content on ERP systems and enterprise software, visit us at http://inforln.com.
CE has assembled a purpose built, international leadership team and advisory board to help us deliver on our mission to provide the world's best trade compliance training solutions
Capital market firms are making decisions on which business lines, asset classes and services to keep and operate and which ones to exit. Regulatory reform and the
clearing mandate are driving the firms to consolidate their traditional exchangetraded derivatives (Futures and Options) and OTC derivatives into a single clearing
business, even while bi-lateral, uncleared derivatives will continue to co-exist with cleared products.
Blockchain and trade finance- How does Blockchain work in trade finance?Zabeel Institute
Blockchain and trade finance modern technology allow the recording of purchases on a distributed ledger across a network of individuals. The data from these deals is stored in blocks. Each block consists of a time-stamped document of the purchases.
This article discusses and explains to you Blockchain and trade finance, how does Blockchain work in trade finance?
How do you know that your ERP system is SOX compliant? How can you enforce Segregation of Duties (SoD) rules? Don't be another Enron. Use compliance software to give your ERP software a check up from the neck up.
To arrange for a demo of SOX and SoD compliance software for your ERP system, send an e-mail to info@i-app.com or call Performa Apps CEO Dan Aldridge at 703.251.4504.
For much more content on ERP systems and enterprise software, visit us at http://inforln.com.
CE has assembled a purpose built, international leadership team and advisory board to help us deliver on our mission to provide the world's best trade compliance training solutions
A Vision On Integrated Inspection Planning Prototyping
Global Consulting Services - For Clients
1. Global Consulting Services
TRADE COMPLIANCE
TRAINING
As a trade managed service, CWTS provides training to your organization on various trade compliance
topics. The training courses are available on-site or via webinar. Various trade compliance disciplines are
available for training.
CLASSIFICATION
PROJECTS
As a managed service, CWTS researches and applies appropriate trade classification on imports or exports.
Extra services such as license determination, USML, opinion letters and rulings are at an additional cost.
DUTY DRAWBACK AND
COST MANAGEMENT
The top five drawback programs were targeted for rollout to all of Crane’s sales force and Crane’s exist-
ing clientele. These five are:
1. Direct Identification Manufacturing
2. Substitution Manufacturing
3. Rejected Merchandise
4. Unused Merchandise
5. Substitution Unused Merchandise
Each of the above programs basically allows for the refund of up to 99% of the duty. In some cases, the
merchandise processing fees (MPF) and harbor maintenance fees (HMF) can be refunded too. No two
drawback programs are alike, and no two exporter’s records are alike. Each program has its own set of
complex rules, paperwork and recordkeeping. And each program will have its own costs associated with
deployment. Each program will bear differing price points in which to sell.
Deliverable
Post-engagement programs include revenue generating hourly fees for evaluations and setup programs,
including time-consoling applications and ruling requests. The client will receive an evaluation for qual-
ification outlining what program under which they may qualify, application and rulings from Customs
authorizing them under one, or many drawback programs.
Crane Worldwide Trade Services
AUDIT ASSESSMENTS
As a trade managed service, CWTS will asses the current state of trade controls within an organization.
The assessment will assist in establishing a solid foundation for continued growth and improvements.
Review/Assessment
• Very high level look at an operation. 1 day & varies in scope
• Interview key personnel
• Confirm practices are known and documented
• Reasonable review of HTS/ECCN classifications
Audit/Assessment
• Targeted entity/business unit and scope
• Interview key personnel
• Confirm practices are known and documented
• Detailed review of HTS/ECCN classifications/database
Deliverable
• Finished Product Multi-Page Executive Summary Report
• Audit Correction Action Tracking Metrix
Crane Worldwide Trade Services, (CWTS), provides professional consulting services for companies who are creating new or strengthening existing
international business and those with expanding supply chains in global commerce. CWTS’ professional services include audit and assessments, cost
recovery and cost avoidance programs, such as free trade, duty drawback and Chapter 98/99 HTS provisions. Support services include classification
(HTS, ECCN, ITAR), rulings, help desk and training for international traders. Compliance services include anticorruption and boycott prevention and
supply chain security programs such as the US’ Customs-Trade Partnership Against Terrorism (C-TPAT), Canada’s PIP and the EU’s Authorized Economic
Operator (AEO). CWTS offers screening of parties to protect against improper sales to listed parties and license determination for prevention of export
violations. CWTS’ services are designed to support specific and strategic operational initiatives, as an overall project or need-to-need.
2. Global Consulting Services
SUPPLY CHAIN
SECURITY
C-TPAT, PIP and AEO applications, readiness and training prepares companies to enter programs or main-
tain, enhance security within their supply chains. This is inclusive of understanding the critical points of
the client’s supply chain, identifying areas of high risk and the application of the appropriate protection
modes.
Deliverable
• (3) Facility Visits
• Initial Meeting and Data Gathering Tour
(Specific to participating U.S. facilities only)
• Business Review From Data Analysis
• The review of existing internal supply chain policies
• The review of Company’s business requirements
• The review of Company’s container security practices
• The review of Company’s physical access controls
• The review of Company’s personnel security practices
• The review of Company’s procedural security practices
• The review of Company’s security training & awareness programs
• The review of Company’s facility physical security practices
• The review of Information Technology security practices
• Final Closing/Training Meeting
C-TPAT Overview Training
Based on identified GAPS from the business review, provide corrective action points inclusive of:
• A template for an internal supply chain policy
• A template for expected business requirements
• A template for container security
• A template for physical access controls
• A template for personnel security
• A template for procedural security
• A template for a security training & awareness program
• A template for facility physical security
• A template for information technology security
• C-TPAT Manual for record
GTM SaaS SOLUTION
Global Trade Management & Compliance Solutions
CWTS’ Global Trade Management solutions offers, up-to-date regulatory trade data when importing or
exporting around the globe, allows a customer to maintain and share product classification database with
multiple business units and/or supply chain partners.
Screen for restricted parties, embargoed countries and restricted products easily, manage export license
and documentation requirements for multiple countries, and connect with Customs and other govern-
ment agencies around the world using programs such as the US Automated Broker Interface (ABI) or the
EU Import Control System/Export Control System (ICS/ECS). CWTS’ Global Trade Management solution
can utilized by companies around the globe to automate and manage import/export processes while
increasing compliance with Customs, as well as other government agencies, requirements and improving
visibility into the entire supply chain.
Crane Worldwide Trade Services
RESTRICTED PARTY
SCREENING
As software as a service, CWTS’ software solution allows our clients the ability to complete the review
of all parties to its transactions prior to execution in real-time to help meet the internal due-diligence
requirements.