Level 5: Diploma in World Customs Compliance & Regulations

This module evaluates customs and trade compliance at a world level and aims to detail the procedures involved in dealing with global trade from the UK. Students will be provided with knowledge of how World trade and customs is organised, practical aspects of international customs procedures, including initiatives on supply-chain security and partnership with trade, international trade facilitation and trade free zones and special economic zones.

Learning Outcomes

1. Understand how world customs is organised

2. Understand International Customs procedures

Assessment Criteria

1.1 Explain how world customs is organised

1.2 Explain the structure of the international regulatory and administrative bodies involved in world customs

1.3 Evaluate how the system of world customs operates

1.4 Evaluate the development of international conventions and instruments in world customs

1.5 Assess the impact of world customs measures on an organisation

1.6 Analyse how an organisation manages the impact of world customs measures

2.1 Analyse the structure of tariff and tariff controls in relation to world customs

2.2 Evaluate current guidelines on customs valuation rules, and rules of origin

2.3 Evaluate supply chain security in relation to world customs procedures

This module aims to detail the procedures involved in dealing with EU trade. Students will be provided with knowledge of the European Union (EU) as a Customs Union, EU customs code and developments, EU customs regimes and procedures, import licensing regulations, export licensing controls, Intrastat and Authorised Economic Operator (AEO) status.

Learning Outcomes

1. Understand how the European Union (EU) operates as a Customs Union

2. Understand the EU Customs Code

3. Understand Authorised Economic Status

Assessment Criteria

1.1 Discuss the development of the EU Customs Union

1.2 Explain how the EU Customs Union is organised

1.3 Evaluate how the EU Customs Code and International Trade Regulations operate in relation to the EU Customs Union

1.4 Evaluate EU systems, tools and documentation controls in relation to the EU Customs Union

2.1 Assess the EU Customs Tariff

2.2 Evaluate Customs Duty Management and Tariff Measures, EU Valuation of Goods for Customs Purposes and EU Preferential Trade Agreements

2.3 Assess the impact of EU Customs Tariff on an organisation

3.1 Explain the purpose and general principles of Authorised Economic Status

3.2 Assess the advantages and disadvantages of Authorised Economic Status

3.3 Evaluate the procedures for applying for Authorised Economic Status

This module aims to detail the procedures involved in dealing with UK to UK trade. Students will be provided with knowledge of HM Revenue and Customs and other UK controlling bodies involved in international trade, Excise Goods and VAT, Customs Declarations, 3rd Country customs procedures in the UK, Non-Fiscal Controls including Export and Import Licensing Controls.

Learning Outcomes

1. Understand the role of His Majesty’s Revenue and Customs (HMRC) in the UK

2. Understand 3rd Country Customs procedures in the UK

3. Understand how to comply, apply and implement AEO status in the UK

Assessment Criteria

1.1 Discuss the role of HMRC and other authorised bodies in relation to UK trade

1.2 Evaluate the purpose of Customs Declarations, including the maintenance and reporting of required information

1.3 Explain how to declare goods to HMRC

1.4 Analyse the impact of HMRC measures on an organisation

2.1 Analyse the purpose of 3rd Country Customs procedures in the UK

2.2 Evaluate storage procedures, temporary movements and returned goods, and transit procedures and triangulation

2.3 Evaluate the use of non-fiscal controls including Export Licence Controls and Import Licence Controls

3.1 Assess the key areas of a business that need to be involved in applying for, obtaining and maintaining AEO status

3.2 Explain how to assess the company’s readiness to apply for AEO status

3.3 Evaluate the UK application process in compliance with HMRC regulation

Drawing from the knowledge, skills and learning gained from previous Level 4 and Level 5 modules, students are required to select and propose a work-based project which involves an international trade and customs compliance issue. With tutor support and self-directed research, students are required to investigate, analyse and provide managerial recommendations in the form of a professional, written report.

Learning Outcomes

1.  Demonstrate how to assess an area of International trade and customs compliance

2. Demonstrate how to manage the implementation of an International trade and customs compliance project

Assessment Criteria

1.1 Assessment of an area of international trade and customs compliance using your business, or a business, with which you are familiar

1.2 Collect, record, analyse and interpret data in a logical and informed manner

1.3 Develop and evaluate a range of recommendations and conclusions

2.1 Negotiate, plan, research and carry out a programme of learning and assessment in an area of international trade and customs compliance

2.2 Transfer the appropriate knowledge and skills learnt from a range of trade and customs compliance subject areas

2.3 Work through self-directed study, with minimal supervision, to complete a written project report