January 20, 2021
There is an increasing need to define a common approach that enables Customs Administrations across the globe to speak the same language about the methodology they utilise to both identify and treat potential risks. This methodology is outlined in the WCO Risk Management Compendium, which in itself is sufficiently flexible in its application to meet the unique operating environment and conditions of individual WCO Members.
As part of their cooperation on the modernisation of Cambodian Custom's Risk Management System, ARISE Plus Cambodia together with the General Department of Customs and Excise (GDCE) of Cambodia are organizing a series of awareness-raising webinars on the WCO Risk Management Compendium for GDCE officials as wells as officials from other relevant Ministries.
The Compendium is comprised of two separate but interlinked volumes. Volume 1 sets out the organisational framework for risk management and outlines the risk management process. Volume 2 deals with risk assessment, profiling and targeting tools that inform selection criteria for identifying high-risk consignments, passengers and conveyances for Customs intervention.