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ISO standard 22095, Chain of custody – General terminology and models was published in 2020. The ISO describes this standard as "a simple solution" designed "to help boost manufacturer and consumer confidence, reducing supply chain costs by addressing issues like risk, loss of time and conditions of production". [1]
During custody transfer, accuracy is of great importance to both the company delivering the material and the eventual recipient, when transferring a material. [1] The term "fiscal metering" is often interchanged with custody transfer, and refers to metering that is a point of a commercial transaction such as when a change in ownership takes place.
Mutual recognition of FSC and PEFC certified material in the chain of custody has not yet happened. However, FSC and PEFC use the same forest management standard in countries such as the United Kingdom, Switzerland and Norway; Malaysia has submitted its timber certification scheme for PEFC endorsement that is largely based on FSC principles and ...
The reduction in the handling of the original evidence lessens the likelihood of deliberate tampering or accidental contamination and reduces chain of custody requirements and overheads. While the chain of custody stops with the presentation, accountability and responsibility remain until the evidence is disposed of.
Such laws and regulatory procedures stipulating the conditions under which evidence can be handled and manipulated fall under a body of due process statutes called chain of custody rules. It is crucial for law enforcement agencies to scrupulously collect, handle and transfer evidence in order to avoid its falsification.
Custody, Clearing and Settlement; Valuations: to evaluate all securities and cash positions held and posted as collateral. Valuations may be done on an end-of-day or intraday basis. Margin Calls: to notify, track, and resolve margin calls. Substitutions: to deal with requests for collateral substitutions both ways.
A cold chain is a supply chain that uses refrigeration to maintain perishable goods, such as pharmaceuticals, produce or other goods that are temperature-sensitive. [1] Common goods, sometimes called cool cargo, [2] distributed in cold chains include fresh agricultural produce, [3] seafood, frozen food, photographic film, chemicals, and pharmaceutical products. [4]
Within a product's supply chain, traceability may be both a regulatory and an ethical or environmental issue. [3] Traceability is increasingly becoming a core criterion for sustainability efforts related to supply chains wherein knowing the producer, workers and other links stands as a necessary factor that underlies credible claims of social, economic, or environmental impacts. [4]