United Kingdom-Anguilla-British Overseas Territory: Technical Assistance Report-Modernization of the Customs Legislative Framework
IMF Staff Country Reports, June 30, 2023
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- United Kingdom-Anguilla-British Overseas Territory: Technical Assistance Report-Modernization of the Customs Legislative Framework
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Bibliographic details
- Published: June 30, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400247958.002
Scope and Objective
- Technical assistance (TA) report focused on modernization of the customs legislative framework for Anguilla.
- Mission output: a framework for a customs Act in line with the recommendations made in the Caribbean Regional Technical Assistance Center (CARTAC) TA Assignment Report of April 2022.
Key Findings and Observations
- A major challenge for the customs administration will be growing the capacity to be able to deliver all that has been added into the Act.
- The full automation of customs procedures and implementation of risk management principles may also be a challenge.
- Automation is identified as the foundation of any customs modernization program and as the key to move to a more efficient and informed administration of customs controls.
Deliverables and Analytical Tools
- The mission prepared a synoptic table highlighted by color codes to summarize the required, recommended and suggested additions to the Customs Act.
- The Synoptic Table lists the general principles of the main provisions highlighted green in the draft Customs Act and categorizes principles as:
- red: principles that are required to be implemented;
- yellow: principles that are recommended to be implemented;
- green: principles that are suggested to be implemented.
Subjects and Keywords (as listed)
- Subjects: Authorized economic operator, Customs administration core functions, Customs procedures, International organization, Monetary policy, Revenue administration
- Keywords: Authorized economic operator, Caribbean, customs Act, Customs administration core functions, customs formality, Customs procedures, draft Customs Act, GATT Customs valuation, modernization program, Modernizing customs legislation
Content in this bundle
- 1aiaea2023001 - Preface