Policy & Compliance
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www.bifa.org
shipped seem relevant to the amount of commodity?
Audit trail Maintain robust processes, monitoring stock and container movements, and undertaking regular control checks. This may assist in identifying suspicious activity at an early stage, even taking into account the complex variations in supplying units. Often these issues occur over long periods (several years); as a result, establishing indicators may assist in identifying problems at an early stage, potentially preventing large scale losses. Act quickly Implementing practical ‘know your customer’ checks will undoubtedly assist in mitigating the risks discussed. However, where it is identified that problems may be unfolding, then it is imperative to escalate the concern as early as possible, making it possible to intervene. BIFA would like to thank the TT Club for allowing the reproduction of the information included in this article.
containers requested. For instance, are the numbers being requested much higher than would normally be requested? Are there any
unusual demands relating to the period of usage? And, lastly does the number of containers
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