ICS2 Second Release – Is your data good enough?
Hurricane’s best-in-class data solutions are enabling our customers to meet the requirements of ICS2 second release
ARE YOU READY
The second release of Import Control System 2 [ICS2] is live.
The second release affects all parties involved in handling, shipping and transporting cargo, express or postal consignments to or via the European Union by air.
There is a mandatory requirement to comply with new advance electronic data (AED) reporting for pre-loading and pre-arrival customs risk assessments.
The data requirements include a complete and accurate product description and HS6 code.
“Hurricane’s Zephyr solution enables us to meet the ICS2 second release obligations while providing a seamless cross-border shipping experience for our customers through efficient checking and completion of cross-border shipment pre-advice data.”
Fern Sandercock, NZ Post’s Head of Product, International Solutions (Acting)
YOUR ICS2 PARTNER
Hurricane’s AI-driven, real-time data solutions, Zephyr and Aura are trusted by posts, carriers, retailers, brands, eCommerce platforms and financial service providers across the world.
Zephyr ensures that shipments have the right data – including HS6 codes, product descriptions and 8- and 10- digit import and export codes – to pass smoothly through customs.
Aura covers the three critical cross-border areas of duty and tax calculation, prohibited and restricted goods screening and denied parties screening.
What is ICS2?
The European Union has introduced a new customs pre-arrival security and safety programme and, at the heart of it, is a major advance cargo information system – ICS2.
The scheme is integral to the EU’s commitment to ensure the security of its citizens and the Single Market. The EU is responsible for around 15% of the global trade in goods.
The pre-arrival security and safety programme will support effective risk-based customs controls while allowing the free flow of legitimate trade across the EU’s external borders.
The role of ICS2 is to collect data about all goods coming into or via the EU prior to their arrival.
Economic Operators (EOs) must declare safety and security data to ICS2, through the Entry Summary Declaration (ENS).
There are three release dates for the ICS2 programme – March 15, 2021, March 1, 2023, and March 1, 2024.
Who does ICS2 impact?
Many different players are impacted by the three releases of ICS2 including postal operators inside and outside the EU, express carriers, air cargo carriers, freight forwarding and logistics companies, maritime, rail and road transport carriers and representatives of all affected Economic Operators (EOs).
ICS2 also affects retailers, marketplaces and other businesses which send goods to or via the EU. It is in their interests to ensure that they are providing the complete, accurate and compliant data that is required to ensure frictionless cross-border trade.
What are the main benefits of the ICS2?
The European Commission believes there are several important benefits attached to the implementation of the ICS2 programme. Among them are:
Why is ICS2 second release such a big deal?
The second release, coming into force on March 1, 2023, affects all parties involved in handling, shipping and transporting cargo, express or postal consignments to or via the EU by air.
So, for those organisations which are looking to scale their cross-border eCommerce operations, this is a hugely important deadline.
The reason why this is such is big deal is that there will be a requirement to provide a range of mandatory advance electronic data elements including complete and accurate product descriptions and HS6 codes.
What if my data isn’t good enough by March 1, 2023?
Failure to provide the complete, accurate and compliant advance electronic data, including product description and HS6 code, will have severe consequences for postal operators, carriers and others involved in cross-border eCommerce to and via the EU.
Goods will be delayed and, potentially, destroyed, leading to huge operational inefficiencies, additional costs, the risk of fines and penalties and reputational damage with customers.
How does Hurricane help?
Hurricane is the world leader in the provision of complete, accurate and compliant data to enable seamless cross-border eCommerce trade.
Our AI-driven, real-time data solutions, Zephyr and Aura, are lightning quick.
Calls to Zephyr, our data enhancement API, take less than 150 milliseconds and has the capacity to handle more than 10 billion calls per month per node.
Zephyr ensures that shipments have the right data – including HS6 codes, product descriptions and 8- and 10- digit import and export codes – to pass smoothly through customs. Harnessing the power of our Zephyr solution is essential to fully meet the requirements of ICS2 second release.
Calls to Aura, our API that covers the critical areas of duty and tax calculation, prohibited and restricted goods screening and denied parties screening, can take as little as 90 milliseconds with a capacity of over 5 billion calls per month per node.
What should I do next?
Customers can either deal directly with Hurricane or through the International Post Corporation (IPC) if they are a postal operator member as our solutions are integrated in the IPC’s Dynamic Merchant Platform (DMP).
Contact Rob Dundas, our Business Development Director, to find out more about the best way to introduce our data solutions into your operations to get you ready for ICS2 second release, ensuring your full operational efficiency and regulatory compliance.
Alternatively, complete the enquiry form on this page and a member of Team Hurricane will be in touch.