Page 15 - CUSTOMS & MSMEs
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RISK MANAGEMENT
Risk management is the identification, assessment and the prioritization of risks in trade, travel, and
transport flows and the application of controls to the risk levels. Risk management is included in
ASYCUDA World and is applied through risk profiling and lane selectivity. By applying appropriate
risk based management activities across customs operations, administrations can mitigate adverse
effects on trade facilitation and security.
RISK PROFILING RISK BASED ACTIVITIES
Traders and shipments are assessed against:
Targeted inspections instead of 100% checks
Post clearance audits to verify compliance
without delaying release
Data driven alerts to intercept fraud, smuggling
or undervaluation
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