ST0134
Management has developed an approach for risk management related to CBP compliance and control based on how much risk can be prudently accepted. Consider the following: The approach will vary from company to company based on the company’s CBP activities; The approach is designed to keep risks…
Source text
As written.
Management has developed an approach for risk management related to CBP compliance and control based on how much risk can be prudently accepted. Consider the following: The approach will vary from company to company based on the company’s CBP activities; The approach is designed to keep risks within levels judged to be appropriate, and management takes responsibility for setting the tolerable risk levels; Specific control activities are decided upon to manage or mitigate specific risks, and their implementation is monitored.
Change history
When and why it changed.
Present in the original catalog
This standard has not changed since it was added.
Assessed by HEXDI
What HEXDI assesses.
- M2
1 — PROGRAM SETUP AND ADMINISTRATION
Program is developed using a reasoned methodology that is based on a thorough analysis and identification of risks pertaining to company…
- M2
3 — PROGRAM SETUP AND ADMINISTRATION
Senior Management, with the assistance of legal counsel and/or compliance personnel, takes responsibility for determining the significance…
Source & revisions
- First mapped
- Jun 8, 2022
- Last updated
- Oct 28, 2026 (6d ago)
- Source
- Importer Self-Assessment Handbook