The 30-Day Clock: Getting Your Book of Business Ready for CBP's New IOR Rules Thu, Oct 22, 2026 12:00 PM - 1:00 PM EDT
Free CBP has started verifying the accuracy of Importer of Record data on Form 5106 — and inaccurate submissions can void an IOR number immediately. Brokers who filed that data are exposed to penalties under 19 U.S.C. § 1641 and, where duties are involved, the False Claims Act.
The standard is now explicit: a POA executed directly with the IOR, a physical address that belongs to the importer, a valid email and phone that are theirs, and diligence you can prove you performed.
Presenter
Igor Ostrovsky is the Founder & CEO of Koverly, a fintech platform helping the supply chain industry manage credit risk and cash flow. With a background in credit risk, ecommerce, digital payments, and nearly two decades running an import and distribution business, Igor brings firsthand experience with the financial and counterparty risks customs brokers and importers face. He founded Koverly to help import-driven businesses streamline vetting, reduce risk, and better manage cash flow.
Continuing Education
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