Businesses, knowingly or unknowingly, can become vehicles for money laundering. This can draw the attention of regulatory bodies like the Financial Action Task Force (FATF), financial intelligence units or law enforcement agencies. If you’re a business owner or...
International shipments have to go through the customs clearance process before they can enter into the United States. This process relies heavily on accurate documentation, including various calculations related to the goods. Even a small miscalculation can lead to a...
Businesses and individuals sometimes earn money in an unlawful manner and then need to find a way to make those funds appear legally earned. Some do this through money laundering, which is a complex process of making that happen. Laws in the United States forbid...
You’ve done everything right, from sourcing products to signing contracts. Everything seems to be going well until your shipment is stuck at customs or detained mid-transit. For international traders, these headaches are far too common. When goods get held up, it’s...
Doing business across borders comes with rewards and risks. If your company operates internationally, it’s important to understand how U.S. prosecutors can work with foreign governments during a criminal investigation. Below are some key points to consider. When...
Customs delays can be more than just an inconvenience for business owners involved in international trade—they can result in significant financial loss. Whether you're importing raw materials or exporting finished products, time is often of the utmost importance. A...
International transportation of goods and materials can be incredibly costly. It can also be frustratingly slow. Still, sourcing goods and raw materials abroad can be the best option for a domestic company. For many businesses, the most cost-effective option when...
Global trade presents opportunities for businesses in the U.S., but it also comes with legal challenges. Disputes between importers and exporters can disrupt supply chains, cause financial losses and damage business relationships. Below are three of the most common...
When your goods are seized by Customs and Border Protection (CBP), the officer who seizes them will forward the case to the appropriate supervisor to be approved. The supervisor will refer the case to the Fines, Penalties and Forfeitures (FP&F) Office. An FP&...
Disputes are almost inevitable in international trade transactions, no matter how well you prepare. The global marketplace is full of variables, from different legal systems, currencies and cultures to fluctuating market conditions. Whether it’s a delay in shipment, a...