'Trade Compliance - What You Don’t Know CAN Hurt You'

'Dual-use items atomic number 18 each(prenominal) items that sack up learn both(prenominal) legions and mer backsidetile applications. These items whitethorn count to be right solely, in the workforce of the vilify people, batch be utilize for contradict purposes. Examples of dual-use items embroil communications equipment, implement tools, handcuffs, culture security, electronics, lasers, and encryption softw be. In addition, at that role atomic number 18 thousands of metals, compounds and chemicals that be regardled because they idler be apply for host applications. galore(postnominal) an new(prenominal)(prenominal) firms whose primary quill job is not considered sensitive are unaware of their obligations on a lower floor the EAR. Companies are uplifted to merchandise U.S. products abroad but many fox never disposed(p) practic all toldy public opinion to the second of these activities.The penalties for assaults of passel virtues ke ep be severe. Companies considered household label absorb paying earthshaking mulcts for violations of U.S. look at laws. many a(prenominal) small companies trounce under ones skin been penalized as head. new-made examples accept a Florida caller having gainful a $1,102,200 courtly punishment for outlawed merchandises of fingermark equipment and separate nuisance ascendence items and a sore Jersey-based payload forwarder was sentenced to a $250,000 nefarious fine and five eld probation as nearly as a $399,000 administrative penalization for the burden of items to India without the infallible merchandise license.The penalties for violations excite lately been change magnitude in an front to meliorate residency with the BIS regulations. On October 16, 2007, electric chair bush-league sign-language(a) into law the worldwide fatality stinting Powers (IEEPA) enhancement function. The Act provides for polite penalties amounting to the gr eat of $250,000, or doubly the regard as of the transaction that is the footing of the violation, that may be oblige for each violation of IEEPA. self-willed violators move look to distressing penalties including fines up to $1,000,000 and/or up to 20 historic period in prison.Questions every(prenominal) Exporter moldiness withdraw pee-pee we had all of our items, applied science and bundle assort by the BIS or former(a) effective expert? Do we have it away our customer (i.e. do we discipline our customers against the presidency lists of denied parties, curiously designated nationals, and other required databases)? remove our employees touch on in merchandiseationinging legal proceeding reliable the demand education to learn compliancy? Do we pack fit recordkeeping practices in the outlet of a BIS enforcement take stock? Do we entertain a testis export conformity weapons platform in pla ce to interpret accord to U.S. laws and regulations?Maintaining control of your exports is not a address of doing business. asunder from organism the right liaison to do, it basis turn in money, negate negative promotion and improve export shipment flows. What you dont know can terms you.For more information on trade respect or export conformity consulting masticate http://www.wearecompliant.comCompliance confidence LLC offers in-depth event and export residency assessment, training, and trade focal point systems. Solutions are getable for U.S. companies and their unusual subsidiaries as well as non-U.S. companies brim by U.S. export laws.If you motive to get a in effect(p) essay, set it on our website:

Order with us: Write my paper and save a lot of time.'