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MSC UK gets AEO status

    MSC's UK business has been approved by HM Revenue & Customs (HMRC) as an Authorised Economic Operator (AEO).

    Recognition under the EU scheme enables businesses to have their consignments fast-tracked through customs'controls and if a consignment is selected for examination it will receive priority over non-AEOs.

    AEO's get a lower "risk score", which will be incorporated into HRMC's risk management systems and used to determine the frequency of customs physical and documentary checks.

    AEOs are also allowed to omit certain data elements from pre-arrival and pre-departure summary declarations.

    A spokesperson for HMRC said: "The AEO scheme is the way forward for businesses involved in the international supply chain."