- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2024-04-08T17:05:00
The Department of Homeland Security (DHS) announced a new strategy set to help close a loophole that allows certain textile-related shipments from China to enter the United States without scrutiny under the Uyghur Forced Labor Prevention Act (UFLPA).
The agency’s enforcement plan, announced Friday, will crack down on small-package apparel shipments by improving screening of packages claiming a de minimis exemption. Such exemptions are granted to shipments valued at $800 or less and can help those imports avoid being flagged for UFLPA violations.
Enhanced reviews will include physical inspections; country-of-origin, isotopic, and composition testing; and in-depth reviews of documentation, while DHS personnel will conduct audits and visits to high-risk foreign facilities.
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2024-05-16T16:16:00Z By Kyle Brasseur
The Department of Homeland Security announced its largest batch of additions to the list of companies blocked under the Uyghur Forced Labor Prevention Act in the form of a sweep of the Chinese textile industry.
2024-04-17T16:32:00Z By Jeff Dale
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
2024-04-01T13:33:00Z By Aaron Nicodemus and Adrianne Appel
It’s been nearly two years since the Uyghur Forced Labor Prevention Act took effect, and as enforcement statistics and recent reports demonstrate, many businesses are still not adequately vetting their supply chains.
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The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
2025-04-11T08:00:00Z By Adrianne Appel
Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report suspicious activity. The move marks the latest in a string of recent state and federal enforcement actions against the company.
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