Level 5 Diploma in World Customs Compliance and Regulations

This qualification from the Institute of Export & International Trade covers a comprehensive and in-depth range of topics in customs and trade compliance and regulation.

The Diploma in World Customs Compliance and Regulations covers three main areas:

Customs Compliance and Regulation - Worldwide

This module evaluates customs and trade compliance at a world level, and aims to detail the procedures involved in dealing with trade from the UK to outside of the EU, ensuring you understand the following topic areas:

• How World Trade and Customs is Organised
  
  • The History and Structure of the International Regulator and Administrative Bodies
  • Development of International Conventions & Instruments
  • Key aims of international Customs Authorities

• Practical Aspects of International Customs Procedures
  
  • Structure of the Tariff and Tariff Controls
  • Commodity Classification - International Convention on the Harmonised Commodity Description and Coding System
  • International Guidelines on Customs Valuation Rules
  • International Guidelines on the Rules of Origin
  • Harmonises Procedures (Revised Kyoto Convention - RKC)
  • ATA Convention and the Convention on Temporary Admission

• Initiatives on Supply Chain Security & Partnership with Trade

• International Trade facilitation

• Free Zones and Special Economic Zones

Customs Compliance and Regulation - UK/European Union

This module aims to detail the procedures involved in dealing with UK to EU trade, ensuring you understand the following topic areas:

• The European Union as a customs union
  
  • The History and Structure of the European Customs Union
  • The EU Customs Code and International Trade Regulations
  • EU Systems, Tools and Documentation controls

• EU customs code and the union customs code developments
  
  • EU Customs Tariff
  • Customs Duty Management & Tariff Measures
  • EU Valuation of Goods for Customs Purposes
  • EU Preferential Trade Agreements

• EU customs regimes and procedures
  
  • Release for Free Circulation
  • Transit
  • Customs Warehousing
  • Inward and Outward Processing
  • Processing under Customs control
  • Temporary admission

• Import Licensing Regulations

• Export Licensing Controls - Wassenaar Arrangement, Dual-Use EU Controls (DUEC), The EU Military List, End-User Controls, Embargoes and Sanctions

• Intrastat

• Authorised Economic Operator Status
  
  • What AEO Status is and the benefits
  • General principles of applying to be AEO approved

Customs Compliance and Regulation - United Kingdom

This module aims to detail the procedures involved in dealing with UK to UK trade, ensuring you understand the following topic areas:

• HM Revenue & Customs and other UK controlling bodies involved in international trade
• Other areas of national control: Excise Goods and VAT

• Customs Declarations
  
  • Declaring goods to HMRC
  • Information required for Customs declarations
  • Maintaining and reporting the information required for declarations

• 3rd Country customs procedures in the UK
  
  • Storage Procedures
  • UK Warehousing Types
  • Customs Procedures and Processing Regimes
  • Temporary Movements and Returned Goods
  • Transit Procedures and Triangulation

• Non-Fiscal Controls
  
  • Export Licensing Controls
  • Import Licensing Controls

Project

Additionally, there will be a project based assessment to demonstrate your ability to apply the knowledge. Drawing from the learning completed in previous modules, project work permits the student to choose an area of International Trade & Customs Compliance that best suits their individual and/or company requirements. With reference material and practical tutor support the student can move into a more specific area on a project basis.

Study Commitment

As a guide you should expect to study for around 82 hours for each of the three modules and 26 hours for the project based assessment. The course has to be completed within 4 years, but the usual period of study is 15 months. These are recommended hours only, as the completion time will vary from student to student.

Assessment

Each module is completed by means of an assessment. Assessments usually comprise a 3000 word report linked to the practical application of Customs procedures in the working environment – students have 6 weeks to research and complete the assessment. The project based assessment requires a 4000 word report.

International trade professionals who would like to study for a professional qualification in world customs compliance and regulations.

Candidates must be 19 years of age or over and successful completion of the Level 4 Diploma in International Trade (formerly Advanced Certificate in International Trade/ACIT). Candidates with an existing Degree from a recognised University and / or more than 5 years’ experience in international trade will be considered for direct entry to the Diploma.

On successful completion of the Level 5 Diploma in World Customs Compliance & Regulations, students will qualify for Graduate Membership of the Institute and will be entitled to use the suffix of MIEx (Grad).

You may then decide to go on to study for the BSc (Hons) Management Practice - International Trade