Anyone questioning the importance of a denied parties screening process need look no further than a recent story by WorldECR (Issue 45, November 2015). This story reports how three non-U.S. banks were fined more than $1 billion due to U.S. sanctions violations.
Category: From the President
Export Solutions is proud to announce that we have been “highly commended” by WorldECR in the category of Export Controls Consultant of the Year. This recognition was part of the WorldECR Awards 2015 – which recognize excellence in export controls and sanctions practice.
The topics of “improvement” and “reality” are hot in our culture. During my career, I have worked at a number of companies that embraced “continual improvement.” Unfortunately, in many cases, these efforts did not have the intended result. They didn’t change how we actually did things.
Information access and data control are critical to understanding and complying with the U.S. export regulations. These concepts are at the forefront of our export laws and regulations, and they will only become more important in the years ahead.
It’s that time of year again. The time when organizations begin to evaluate how they’ve performed over the past 12 months, and what they’ll do to improve that performance next year. Thankfully, most businesses do a better job of planning their expenses than our elected officials in Washington, D.C.
Whether it’s the economy, unemployment, stock portfolios, the height of our children, or the expansion of our waistlines – we’re all interested in growth. At Export Solutions, we believe that the strength of our organization lies with our people, and our growth follows from that strength. With that, I’m happy to announce the addition of two excellent trade compliance specialists to our team.
I hear it from every client: “We want to be complaint, but we need a simple system and a process that will actually work.” That, to me, is the name of the game. Unfortunately, so many export consultants only seem to complicate things further.
I’ve talked with a lot of people over the years who are interested in hiring a consultant to help improve their company’s export compliance. It's a decision that should not be taken lightly. Here are five uncommon questions that will give you a better picture of what it will actually be like to work with your consultant. In my opinion, these questions give you far more insight than any contract or proposal ever will.
For years, we’ve been telling our clients that one of the primary reasons for export control is U.S. national security. The recent events in Boston give testimony to this priority. Despite what some would have us believe, there are countries and factions of people who want to harm the citizens of the United States, and they’ll even use our own products and technologies to help achieve these despicable goals.
Empowered Officials carry a lot of responsibilities under the definition found in ITAR 120.25. But do you really understand everything that is required of you in this role? And are you prepared to handle that responsibility for your company's export compliance?