CBP Releases FY 2014 'Performance and Accountability' Report
CBP recently posted its fiscal year 2014 Performance and Accountability Report (here). The 172-page document includes an update on whether CBP is meeting its objectives, financial statements, and the results of a recent audit from the Department of Homeland Security’s…
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Office of the Inspector General that found problems with CBP’s drawback program and single transaction bonds (see 1505060021). According to the report, CBP is not meeting its objective of 59% of cargo by value being imported into the U.S. by members of CBP trade partnership programs, with only 53.9% imported by participants. The report also says “CBP plans to complete the regulatory requirements” in FY 2015 to make Air Cargo Advance Screening (ACAS) “mandatory for all cargo destined for the U.S.” According to the DHS regulatory agenda published in May, CBP will issue a proposed rule on ACAS in December (see 1505220006).