DESIDERIO & KLESTADT SPEAK IN PHILADELPHIA
May 24, 2018
On May 23, 2018, partners Frank J. Desiderio and Alan R. Klestadt served as panelists at the GEODIS Trade Seminar held at the Union League Club in Philadelphia, PA.
On May 23, 2018, partners Frank J. Desiderio and Alan R. Klestadt served as panelists at the GEODIS Trade Seminar held at the Union League Club in Philadelphia, PA.
On May 18, 2018 Representative Messer proposed legislation (H.R. 5886) to add Art and Antiquities dealers to the financial reporting requirements of the Bank Secrecy Act (BSA). The proposed Bill was referred to the House Committee on Financial Services for further consideration.
David M. Murphy will present “What’s Hot” at the 32nd Annual Spring Seminar of at the National Association of Foreign Trade Zones (NAFTZ) on May 22, 2018.
James McAndrew to attend a meeting with the House Financial Services Committee, on behalf of his client base, to discuss their proposed legislation to add dealers in art and antiquity to the list of regulated financial institutions under the Bank Secrecy Act (1991). Such legislation would subject the art trade to enormous regulatory and reporting requirements that, if not done in accordance with financial industry standards, could result in significant fines ,penalties, and even criminal liability.
On May 1, 2018, Frank Desiderio will participate as a panelist on the topic of “Prior Disclosures” at the National Customs Brokers and Freight Forwarders Association Annual Conference at the Westin Mission Hills Resort and Spa in Rancho Mirage, California.
Last week, GDLSK achieved two very important victories for our clients at the Court of International Trade (CIT), reversing Department of Commerce (Commerce) decisions regarding the assessment of antidumping duties on merchandise imported from China. Both of these decisions may have a favorable impact for other exporters/ importers of merchandise subject to antidumping duties.
David M. Murphy will co- present a webinar on “Understanding Classification” on behalf of the National Association of Foreign Trade Zones (NAFTZ) on April 25, 2018.
Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association. The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018. For more information on the webinar and to register, please click here.
https://foreigntradeassociation.com/event-2865534
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Erik Smithweiss will be speaking on Friday March 9, 2018 on the proposed Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association. Earlier this week, President Trump reaffirmed his intention to impose a 25% tariff on steel imports and 10% on aluminum. For more information on the webinar and to register, please click here. https://www.foreigntradeassociation.com/event-2852487.
U.S. Customs & Border Protection (“CBP”) will implement significant modifications to the Reconciliation Program, first announced by CBP on December 12, 2016, effective February 24, 2018.
The Consumer Product Safety Commission (“CPSC”) has made various revisions to the prohibition of certain phthalates in children’s products. These changes affect children’s toys1 and child care articles2 that are imported on or after April 25, 2018.
The California Proposition 65 “safe harbor” warning requirement will undergo significant changes later this year for products that are manufactured on or after August 30, 2018.
Arthur W. Bodek will serve as a panelist at the “USFIA Fashion Forward: San Francisco” program on February 1, 2018, at the Levi Strauss & Co. campus.
The Foreign Trade Association is offering a course in preparation for the April 2018 Customs Broker License Exam. The 10 week exam preparation course is taught by Erik Smithweiss of Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP, a partner resident in the firm’s Los Angeles office. The course starts on Monday, February 5, 2018. This course is highly successful for those planning to take the broker’s exam and also provides an excellent overview of customs law and compliance for importers not intending to take the broker’s exam.
Significant changes to the Reconciliation Entry Program are scheduled to soon take effect. Included among these changes are the elimination of blanket entry flagging, a simplification of the application process and changes to the reconciliation transmission procedures. It is imperative that importers and their customs brokers utilizing the reconciliation program understand the impact of these changes in advance of their implementation.
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