Navigating Trade Compliance: Key Steps for Your Business

In this first episode of the Trade Compliance Discovery series, I introduce the fundamental steps businesses need to take to identify and manage export controls. The episode outlines crucial laws and regulations, such as the EU dual-use regulation and U.S. export control laws, and provides practical steps for ensuring company compliance. I also talk about common misconceptions about export control and emphasizes the importance of a robust compliance program. Tune in to gain invaluable insights and set the foundation for international trade compliance.

Join Anders as he relaunches the Trade Compliance Podcast under High Coast Compliance. This episode features special guests Jen and Sue, as they dive deep into mastering stakeholder engagement for trade compliance. Learn valuable tips on communication, transparency, and real-world strategies to tackle resistance and manage risks effectively. The discussion also covers relatable examples from their experiences at Boeing, challenges in aligning business and compliance goals, and the importance of understanding company culture and structured compliance risk assessments. Perfect for trade compliance professionals seeking insights to optimize their approaches!

Welcome to a special episode of Trade Compliance Talks, where we dive into the intriguing world of drugs and controlled substances. Join me and my newfound trade compliance friend, Welli, as we uncover the complexities lurking beneath the surface of trade regulations. Ever lifted a compliance rock and stumbled upon a rabbit hole? That's exactly what happened as Welli guided me through the labyrinth of trade compliance related to drugs and controlled substances. With each minute, I discovered something new, and I guarantee you will too. So sit back, relax, and prepare to embark on a journey of discovery. Enjoy!

Reach out to Welli on LinkedIn!

I had the most pleasant ITAR releated conversation with Steven, Steven delves deep into the intricacies of the Arms Export Control Act (AECA) and the modalities of arms sales, including Foreign Military Sales (FMS) and Direct Commercial Sales (DCS) processes.

Steven explores the objectives of the AECA and its integration with other US laws and regulations concerning arms transfers. Our expert shares insights into the challenges faced in understanding and complying with the AECA.

Next, we dissect the major differences between FMS and DCS processes, outlining the roles of key actors involved and situations where one process might be preferable over the other.

Moving on, we unravel the mechanics of ITAR licensing, focusing on its application to the DCS process. Steven demystifies the types of items subject to ITAR licensing, delves into the various types of licenses available, and discusses common pitfalls exporters should be wary of.

Finally, we address the requirements exporters must adhere to post-approval of an export license, including end-user and end-use verification procedures, compliance with recordkeeping, and reporting requirements. Our discussion also encompasses the consequences of non-compliance with export control regulations and strategies for mitigating them.

Dive into the heart of corporate compliance with me in the latest episode of Trade Compliance Talks! Unravel the significance of education within your Internal Compliance Program (ICP) and discover how it ensures every colleague is aligned with your company's trade compliance needs. From DIY strategies to the perks of outsourcing, we explore the ins and outs of trade compliance training. Joining me in this insightful discussion is none other than Mr. Scott Gearity from ECTI bringing you expert insights and valuable information.

Today, I have a question for you! What do you get when you combine research done at a university with trade compliance?

You get fundamental research! And in this episode of the trade compliance talks, I had a conversation with Nancy Draper Schaefer on the subject of fundamental research.

You can find Nancys article on worldecr.com

The conversation focuses on trade compliance, its challenges, the importance of internal training, and the implementation of system support in businesses. They discuss the need for efficient trade compliance programs, strategies for engaging and educating employees, the complexity of intangible transfers, and the pros and cons of implementing system support within an organization.

Unlock the secrets of trade compliance! Join us in this episode of Trade Compliance Talks as Mr. Phillip Cedoz delves deep into the vital world of "Knowing Your Customer." Discover how understanding your customer can revolutionize your compliance efforts and risk mitigation strategies. Don't miss out on this essential knowledge – grab your favorite brew and dive into the nitty-gritty of trade compliance with us! #TradeCompliance #KnowYourCustomer #RiskMitigation