Part 4: Recordkeeping
Recordkeeping
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20m
Bonded warehouse regulations mandate a five-year record retention from the last merchandise withdrawal. Specific rules detail withdrawal entry types and highlight the need for accurate record-keeping. Customs brokers must inform authorities about alternative record storage methods while ensuring confidentiality. Power of attorney documents require retention for five years after revocation, and brokers must maintain client confidentiality without disclosure.
#Code of Federal Regulations (CFR) Title 19
#Part 111
#Part 163
Up Next in Recordkeeping
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Part 5: Recordkeeping
Confidentiality regulations require that records remain private unless shared with customs officials or through a court order. Client consent can also permit disclosure. Compliance with regulations is crucial to avoid penalties.
#Code of Federal Regulations (CFR) Title 19
#Part 111
#Part 163 -
Part 6: Recordkeeping
Licensed customs brokers must keep records for five years and can only destroy them after their obligation ends. They have a duty to disclose records during audits while maintaining confidentiality. Brokers should be aware of their responsibilities and exceptions regarding record keeping. Records...
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Part 7: Recordkeeping
Brokers must prioritize avoiding conflicts of interest and ensuring client confidentiality. They are required to disclose potential conflicts and secure client information. Regulations mandate informing clients about access to confidential data and proper storage methods. Knowledgeable employees ...
