The IMB NVOCC Register
Reducing bills of lading risks
While there may be valid trading reasons that give rise to bill of lading difficulties, there is an unhealthy under-belly of criminal activity.
TT Talk canvassed some trading issues relating to bills of lading in the December 2018 edition. Reference within those articles was made to the English law position articulated in Motis Exports case1, explaining the risk exposure to bill of lading issuers and stakeholders relying on the documentation. This article applies to the industry vulnerability to fraudulent activity.
Banking scrutiny
The International Chamber of Commerce’s Commercial Crime Services division has a primary function of protect the integrity of international trade by seeking out fraud and malpractice and providing reports based on this activitiy to its members.
Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli.
Commercial banks commence thousands of investigations each year in relation to fraudulent bills of lading which are undertaken by the International Maritime Bureau (IMB), a division of CCS. Through the investigation process, IMB conducts due diligence on all trade documents, including bills of lading, and seeks independent third-party verification to provide an extra level of confidence in transactions. This supports banks in relation to their compliance procedures to prevent fraud, money laundering and sanctions breaches.
Suspect bills of lading are those which have false content including the wrong ship, dates, description of cargoes, container numbers or parties. Perpetrators present such bills of lading to banks to facilitate fraudulent activity including money laundering, fraud, illegal capital flight and to by-pass sanctions.
It is recognised that NVOCCs and freight forwarders play a vital role in international trade and whilst the majority operate to extremely high standards, there are inevitably those who for a variety of reasons may deliberately or recklessly issue bills of lading with false content. It is important that safeguards are in place to ensure the security of bills of lading and that there are systems in place to track any misuse.
As a result of recent trends involving bill of lading fraud and a growing concern of their stakeholders, the IMB developed a new initiative, unveiled at Enterprise, Singapore on 15 January 2019, during a panel discussion on the manipulation of bills of lading attended by over 100 delegates from banks, logistics companies and lawyers. The primary objective is to provide a common open platform from which to improve anti-fraud standards and to give due recognition to participating NVOCCs who adhere to the minimum standards established within the platform.
NVOCC vulnerability
"IMB estimates that over 95% of all improperly issued bills of lading are issued by NVOCCs."
From this work, IMB estimates that over 95% of all improperly issued bills of lading are issued by NVOCCs. This is a staggering finding, albeit relating to a small percentage of the total transactions, but a clear indicator of the vulnerability of some elements of the NVOCC sector.
Announcing IMB NVOCC register
“Maintaining the integrity of the bill of lading is of paramount importance to all stakeholders in global trade”
TT Club believes that this initiative to improve standards and reduce potential exposures to fraudulent activity through the supply chain is beneficial to the industry and would therefore encourage its NVOCC membership to evaluate the platform and consider participation in it.
We gratefully acknowledge the assistance in the preparation of this article of Pottengal Mukundan, Director, International Maritime Bureau, ICC-Commercial Crime Services
The initiative introduces an open source NVOCC register in conjunction with a new IMB Code of Conduct which all participating NVOCCs are required to adopt. The Code of Conduct is supported by an online training course which sets out minimum standards for the issuance of NVOCC bills of lading. Participating NVOCCs remain accountable where a document they have issued is found to be fraudulent, however it is anticipated that a wider knowledge of good practice will result in fewer cases of fraud being identified.
Maintaining the integrity of the bill of lading is of paramount importance to all stakeholders in global trade. Where fraudulent activity is allowed to continue, there is a real danger that key stakeholders de-value the worth of the bill of lading. Inevitably, should the industry not be able to address commercially the challenge presented by the use of fraudulent documents, there is a risk that regulations may be required. This initiative recognises and seeks to address this industry wide challenge, seeking to promote awareness and support compliance with acceptable trade practices.
пылесосы dyson спб dn-pylesos-kupit-5.ru .
Excellent pieces. Keep posting such kind of information on your page.
Im really impressed by your site.
Hi there, You’ve performed an incredible job. I’ll definitely digg it and personally suggest to my friends.
I am confident they will be benefited from this site.
дайсон спб официальный дайсон спб официальный .
snipping tool alternative
The Best Screenshot Utility for Windows 10 & 11
If taking screenshots is part of your everyday work, the standard Windows Snipping Tool soon shows its limitations. Extra steps, no cloud upload, no instant links, and slow interaction make it inefficient for modern use. A modern screenshot tool should be invisible, fast, and optimized around a single flow: capture, then upload and share.
This minimal screenshot tool for Windows 10 & 11 is designed precisely for this purpose. Hit PrtScn, choose any screen area, release, and the screenshot is uploaded immediately. The shareable link is copied to the clipboard automatically. No save prompts, no directories, no manual file handling.
Region capture is accurate and consistent. A clean crosshair selector allows pixel-accurate selection, making it easy to capture UI elements, code fragments, charts, or partial screens — faster and more reliable than the standard Snipping Tool.
Capturing the entire screen is just as easy. Use Shift + PrtScn to capture the entire desktop instantly. The output is a full-resolution image ideal for documentation, presentations, or bug reporting, without delays or popups breaking the workflow.
The main advantage is instant cloud uploading. Every screenshot is uploaded automatically, with the link ready in milliseconds. The link can be pasted instantly into messengers, emails, or support systems without touching the file system or third-party image hosts.
The application runs silently in the system tray and remains out of your workflow. Memory consumption remains under 50MB of RAM, startup is immediate, and the installer size is just 2MB. When compared to heavier alternatives like Greenshot, Lightshot, or ShareX, the performance and responsiveness difference is obvious immediately.
Privacy is treated properly. No advertising, no analytics, no tracking, and no background data collection. Screenshots often contain sensitive information, and this tool handles them appropriately — with nothing unnecessary running in the background.
Keyboard shortcuts are fully customizable. You can map PrtScn, Ctrl+Shift+S, or any custom key combination, and adjust image quality or behavior without oversized settings or cluttered interfaces.
Windows Snipping Tool functions, but it stops after capture. It lacks cloud integration, instant sharing, and speed optimization. This tool serves as a replacement by focusing on what matters most: capturing information and sharing it immediately.
If you capture screenshots daily for development, support, remote work, or documentation — speed and simplicity are mandatory. A modern screenshot tool should feel like a native system feature, not a standalone app.
дайсон официальный сайт dn-pylesos-kupit-4.ru .
dyson магазин в спб dyson магазин в спб .
пылесос дайсон пылесос дайсон .
telegram电脑版|telegram飞机|有道免费翻译官网|网有道翻译官|telegram网页版|纸飞机下载|纸飞机app下载|飞机下载|纸飞机app聊天软件下载|line下载|飞机官方下载|飞机聊天app下载 line下载
This is the wave – the big wave.
доставка алкоголя на дом москва круглосуточно доставка алкоголя на дом москва круглосуточно .