Incoming Finance Secretary Carlos Dominguez warned the incumbent Bureau of Customs (BOC) leadership not to tie his and incoming Customs Commissioner Nicanor Faeldon’s hands by crafting the implementing rules and regulations (IRR) of the newly signed Customs Modernization and Tariff Act (CMTA). Dominguez is wary on the drafting of the IRR, which incumbent Customs Commissioner Alberto Lina wants to finish before he steps down from office on June 30. “I told him [Lina] not to tie my hands. He can put it [IRR] out, but if he ties my hands, our hands, or Faeldon’s hands, that he cannot do certain things, there’s going to be hell to pay,” Dominguez said. But Lina allayed fears of the next administration that their hands would be tied in the implementation of reforms under the CMTA. Lina said a public hearing would still be conducted for the IRR on the CMTA to improve the [...]
