Zepol Corp., a provider of trade intelligence data, has released a new product known as ComplianceMonitor. It allows users to monitor essential data related to complying with U.S. import laws, with an eye toward lowering the risk of penalties. ComplianceMonitor tracks six U.S. government compliance sources: U.S. Census Bureau import trade statistics, U.S. Customs and Border Protection rulings, antidumping (ADD) and countervailing duty (CVD) investigations as well as ADD and CVD cases from the International Trade Administration, tariff rate quota status from CBP, and Harmonized Tariff Schedule and tariff data from the ITA. Zepol said it worked for more than a year to develop and implement the new product, which was designed to address upcoming 2012 changes in HS codes and the increasing penalties faced by companies for non-compliance. Created to complement Zepol's TradeIQ and TradeView products, ComplianceMonitor gives subscribers access to historical reports for U.S. compliance data, along with update reports each time new information in released. TradeIQ is a U.S. Customs import bill-of-lading database on competitors, suppliers, prospects and the products that they use, market or transport. TradeView provides Census data to visualize the U.S. import and export market.
