News / Customs looks to business to develop integrated data systems to tackle fraud

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An astonishing one of out of every three customs lines entered by exporters globally is misclassified, according to one of the UK’s leading customs experts, with governments owed as much as $22bn a year.

“A system that has failed to keep up with a world in which trade has rapidly globalised – with huge financial wastage as a result” was how HMRC senior business manager David Hesketh described it to an audience at London’s Supply Chain Academy last week,  .

Mr Hesketh ...