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USMCA: Are You Prepared? Where are we?  We are all aware of the impending change from NAFTA to USMCA, but where does it stand today?  As of today, both Mexico and the United States have signed the agreement, but it is pending approval of the Canadian Parliament. In October 2019, the Canadian Liberal Party lost its…

KYC & AML: Best Practices For Compliance We all know criminals can be intelligent. As the world becomes more and more digital, thieves are finding bigger and more invasive ways to disrupt innocent people’s lives. With the rapid growth of the fintech industry, many new regulations have come about as a means of protecting consumers’…

5 Aspects of Global Trade Compliance in Supply Chain Management In a world that seems to get smaller every day, global supply chain compliance is becoming evermore essential. Without it, no international company can truly achieve operational excellence. Besides being inefficient, companies that don’t have a solid international trade compliance program in place subject themselves…

Dealing with Routed Export Transactions What You Should Know About Dealing With Routed Export Transactions Many industries enable organizations to enjoy cross-border, international relationships, but not everybody understands the work that goes into creating successful import and export transactions. While compliance is difficult with any routed export transaction, companies that aren’t prepared for proper regulatory checks will…

10 Trade Compliance Accounts You Should Be Following on Twitter As trade compliance professionals, we are constantly being pulled in a million different directions. We often find ourselves in a reactive state, working to fix problems to keep our businesses running along smoothly. While this is one of the things that makes the job interesting…

ITAR Compliance Checklist It goes without saying that the United States doesn’t want defense-related weaponry to fall into the wrong hands, which is why the government’s oversight of military equipment is far stricter than it is for other types of exports. The set of rules that governs exports found on the U.S. Munitions List (USML)…

Sanctions Screening 101 You’ve probably heard the terms AML (anti-money laundering) Sanctions, Denied Party Screening, or Sanctions Screening. There are many others out there, but they all have a similar meaning and objective: detect and prevent financial crime and identify suspicious activity. Money laundering and the misuse of financial services for fraudulent and criminal purposes are…

The Use Of Artificial Intelligence In The Supply Chain Talking about artificial intelligence (AI) in supply chain management might seem, at first glance, to be a “futurist” topic — a prediction of what is to come. In actuality, AI in supply chain forecasting, planning and management is extensively used today, and has been for some…