Posts filed under 'Regulations'
E-Verify Requirement Now in Effect
After several delays, the E-Verify regulations take effect today. Under the regulations, new federal contracts and contracts which must be modified will include a requirement that the federal contractors and subcontractors use the E-Verify system to verify their employees’ eligibility to work in the United States (by Taft, Stettinius and Hollister).
September 10, 2009
U.S. Department of Agriculture to Launch Trade Database
The U.S. Department of Agriculture’s Foreign Agricultural Service has recently launched a new trade database for businesses and federal agencies.
The Global Agricultural Trade System (GATS), includes international agricultural, fish, forest and textile products trade statistics dating from the inception of the Harmonized coding system in 1989 to present.
September 9, 2009
SBA’s K. Mills on Credit: Banks to lend again
SBA’s K. Mills on Credit: Banks to lend again. http://ping.fm/v753X
August 4, 2009
Coping with ‘Made in China’ Scandals
Global companies must ensure, in China and around the world, that their products meet safety and quality standards and that their brands are protected (By Mark C. Goodman and LaRhonda Brown-Barrett, BusinessWeek).
July 6, 2009
“10+2” Filings Late 70% of Time
U.S. importers and their agents are required to electronically file detailed data about cargo shipments 24 hours prior to vessel loading in a foreign port, but less than one-third of the documents submitted so far meet the deadline, according to the official in charge of the government security program. The news indicates that companies are still experiencing growing pains as they try to comply with the “10+2” rule that went into effect on Jan. 26 (E. Kulisch, American Shipper Namaste, April 7, 2009).
Learn More about the “10+2″ requirements at next NKITA Trade Education Seminar
April 13, 2009
New Passport Rules
Effective June 1, 2009 the application of the final phase of the Western Hemisphere Travel Initiative will change the passport requirements for citizens coming back to the United States when arriving from Canada, Mexico, the Caribbean region, and Bermuda.
Federal rules will require new passport books, passport cards or other documents approved by the U.S. Department of Homeland Security.
“Applying early will help avoid unwanted delays since the processing time will be greater than before,” said Thomas L. Preston, executive director of the Kentucky Office of Homeland Security. Nationally, more than 16 million U.S. passports were issued in fiscal 2008.
For more information, please contact the National Passport Information Center at 1-877-487-2778 or visit http://iafdb.travel.state.gov/
March 10, 2009
Effective January 26, 2009 – Importer Security Filing “10+2″ program
The Importer Security Filing “10+2″ program became effective on Monday, January 26, 2009. The program was developed to help prevent terrorist weapons from being transported to the United States. Starting this week, vessel carriers bringing cargo to the United States (or delivered to a Foreign trade Zone) are required to transmit ten data elements to Customs and Border Protection (CBP). To read more about the Security Filing “10+2″ program, please visit the website of the U.S. Custom Borders Protection
January 29, 2009
CACP – New publication available
Intellectual Property Protection and Enforcement Manual: A Practical and Legal Guide for Protecting Your Intellectual Property Rights.
January 26, 2009
International Financial Reporting Standards (IFRS): U.S. considers costly switch to international accounting rules
In a regulatory sea change that could cost billions of dollars, thousands of U.S. companies — plus foreign corporations that do business here — will adopt global financial reporting rules within five years if regulators have their way.
The impact is likely to surpass that of the Sarbanes-Oxley Act of 2002, the tough anti-corporate fraud law of the Enron era that cost individual businesses millions of dollars in accounting fees. Whether U.S. companies like it or not, the new era of global accounting appears unstoppable, and businesses that ignore the International Financial Reporting Standards (IFRS) will fall behind (E. Iwata, USA Today). Read full article
January 6, 2009
Mr. Dennis C. Cuneo to address the Luncheon of the 19th Kentucky International Trade and Investment Conference
October 7, 12:00 noon – 1:30 p.m., Northern kentucky Convention Center
Mr. Dennis C. Cuneo, counsel with the Washington DC law firm of Arent Fox, and formerly Senior Vice President of Toyota Motor North America will address the guest attending the 19th Kentucky International Trade and Investment Conference.
In his speech Mr. Cuneo will highlight the importance of foreign investments for the economic growth of the region.
For more information about the 19th Kentucky International Trade and Investment Conference, please visit our NKITA Blog
October 2, 2008
PHOTO ALBUM
