How IFSP works
IFSP Ltd is a company registered in England and Wales (Registered number: 5460509. Registered office: 21 Holborn Viaduct, London EC1A 2DY). Its Board of Directors is made up of the most senior brand protection executives from IFSP's member companies. It also has a Managing Director, Business and Legal Affairs Manager and a number of Regional Directors, who together are responsible for IFSP's regional and country programmes. The Board meets monthly, but in practice the interaction between IFSP management and the Board members is constant, reflecting the dynamic nature of the business and its importance to the brand owners.
IFSP's remit covers known or suspected counterfeit, substituted or adulterated branded distilled spirits owned by its members. This includes counterfeit or genuine recycled 'dry' goods (bottles, caps, labels etc.) and any 'wet' goods (spirit, flavourings, colourings etc.) used to produce such counterfeits. While IFSP currently has no remit for other alcoholic beverages (wines, champagnes, beers etc.); ‘grey market’ trade; maliciously tampered genuine products; smuggled or stolen genuine products; 'look-alikes', or branded merchandise, where needed, IFSP will endeavour to assist the authorities to connect to the appropriate brand owner personnel.
In order to function effectively, the members of IFSP, its employees and service providers all sign up to a strict code of business conduct, which includes commitments by the brand owners not to use any information gained through IFSP for commercial advantage, and undertakings by everyone to always work within the law. The latter includes not only the domestic laws of the country where IFSP is operating, but relevant international legislation such as the UK Bribery Act and US Foreign Corrupt Practices Act.
The benefits of an industry approach
By operating through IFSP rather than individually, IFSP’s members are able to maintain a dedicated, targetable and proficient anti-counterfeiting presence in their key markets. In this way, brand owners present one focused point of contact with law enforcement and other authorities, which is always accessible, making it easier and more efficient for everyone. The best result is that counterfeiters realize the spirits industry is united in its determination to stop them.