RIS RELATED DEFINITIONS

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Last updated: 31.03.2021

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Risk management in the view of Customs means the systematic identification and implementation of all measures necessary for limiting exposure of risks. This includes activities such as collecting of data and information, analysing and assessing risk prescribing and taking action and regular monitoring and review of the process and its outcomes, based on international, community and national sources and strategies.

(Source: Standard for electronic ship reporting EU/164/2010)

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