July 11, 2016 | Industry Insights, ISF

Important Changes to ISF Regulations, Proposed Rule

Share This:
Featured Image

The “interim final” rule that became effective on January, 26, 2009 has now – for practical purposes – become the final rule as to a great many ISF filings. However, for some time CBP and the trade have been discussing an urgent need for limited changes to Part 149 of the Customs Regulations, primarily to eliminate confusion as to ISF-5* and certain other filing responsibilities. The result has been the publication of a notice of proposed rulemaking in the July 6 Federal Register. The comment period expires on September 6, 2016.

CBP has addressed the situation by drafting a new definition of “ISF Importer” – revised 19 C.F.R. § 149.1(a) – which reads as follows:

“For purposes of this part, Importer Security Filing Importer (ISF Importer) means the party causing goods to arrive within the limits of a port in the United States by vessel. For shipments other than foreign cargo remaining on board (FROB), the ISF Importer will be the goods’ owner, purchaser, consignee, or agent such as a licensed customs broker. For IE and T&E in-bond shipments, and goods to be delivered to an FTZ, the ISF Importer may also be the party filing the IE, T&E, or FTZ documentation. For FROB cargo, the ISF Importer will be the carrier or the non-vessel operating common carrier.”

We are urging all of our friends in the customs brokerage, freight forwarding, and NVOCC community to:

  • Read the proposed rule carefully
  • Be in communication with your local and national trade associations to articulate your concerns and gain additional perspective
  • Consider submitting comments of your own directly to CBP
  • Take note of the fact that the proposed change could impose new ISF responsibilities upon NVOCCs in connection with FROB

Most of all, we are urging you to carefully consider the ISF-related liability implications when filing ISFs or in-bond documents or when issuing house bills of lading on goods coming to the U.S. via ocean.

*Note that FTZ shipments require an ISF-10.

Share This:

Related


Roanoke Appoints a New Regional Vice President and Head of Sales

Roanoke has appointed two key leaders to new roles, effective November 1, 2023. Please join us in congratulating Patrice Lafayette for accepting the position of Regional Vice President, Western Region, and Grant Goldsmith, who has accepted a position as Head of Sales. Patrice has been a steadfast leader of Roanoke’s Western Region for more than […]

Industry Insights

Roanoke Insurance Group Launches New Website!

Roanoke Insurance Group, your partner in insurance, surety bonds, ATA Carnet products and specialty services for the logistics and trade industries, has a new look and improved online performance! We are thrilled to announce the launch of our new website! The goal of the new site is to create an improved experience for our visitors […]

Industry Insights

2024 NCBFAA Scholarship & Application Announcement

Roanoke Insurance Group is delighted to once again sponsor  a $5,000 scholarship to students intending to join the trade industry. The National Customs Broker and Forwarder Association of America (NCBFAA) offers this $5,000 scholarship award yearly and will be presented to the winner at the NCBFAA annual conference in April 2024. The topic for this […]

Events, Industry Insights

Sign up for our latest articles and events.

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2024 Roanoke Insurance Group Inc. A Munich Re company

Better Business Bureau logoCoverholder at Lloyd's logo