Strengthening Customs Enforcement

The order directs federal agencies to strengthen customs enforcement by reforming importer of record (IOR) rules and related CBP processes, including requiring IORs to maintain minimum tangible domestic assets or increased bond coverage, to be designated and reported to U.S. Customs and Border Protection for all formal and informal entries, and to provide additional identification and disclosure data such as anticipated import volumes, year organized, ownership and beneficial ownership, business affiliations, and domestic asset information. It instructs the Secretary of Homeland Security to revise regulations and guidance under specified U.S. Code authorities, prohibit foreign IORs from filing informal entries, and modernize enforcement, compliance, and transparency measures to