How frequently must every Customs broker file a status report with CBP?

Customs brokers are required to file a status report with Customs and Border Protection (CBP) every three years. This requirement is in place to ensure that CBP has updated information regarding the broker's operations and compliance with applicable regulations. The filing of this report helps maintain the integrity of the broker's license and allows the agency to monitor compliance levels effectively. Regular updates every three years allow for the oversight necessary to enhance trade security and facilitate lawful trade activities. The frequency of three years strikes a balance between ensuring adequate oversight by CBP while not being overly burdensome for the brokers.