Current Location: Home » Knowledge » Trade Law » Text

The Thirteen Commandments of Export and Import Compliance Programs (3)

Zoom  Zoome in   Views:223
Core Tip:The Thirteen Commandments of Export and Import Compliance Programs (3)

The Thirteen Commandments: No. 3

"Pick And Empower The Right People To Lead Your Compliance Team".


A. Recruit Good People

    Compliance personnel should be concerned primarily with expending reasonable efforts to comply with export and import laws. They should be able to see beyond the immediate economic bottom line, to the long-range legal exposure that your company risks by not instituting an effective ICP. Also, avoid giving compliance responsibilities to crooks.


B. Empower Your Compliance Officers

    Although your ICP should establish formal lines of authority and communication, it should also provide sufficient discretion so that compliance officers can go outside normal channels to fix existing problems. The Bureau of Export Administration suggests that "regardless of the method of export control coordination or the size of the exporting firm, the person or entity responsible should be sufficiently high in the management hierarchy to reflect a strong commitment to export control activities."


Also, consider the risks of assigning major compliance duties to an in-house attorney. Will people get the wrong idea that your company considers compliance as merely a legal, not a business, concern? Also, will the dual role of the attorney/compliance officer waive the attorney-client privilege.

 

If you believe that this information is a violation of your legitimate rights and interests, please send the relevant qualification certificate and your rights to info@worldinout.com, Worldinout staff will reply as soon as possible! The purpose of this network is to convey more information, does not mean that the network is in favor of its views and its authenticity. Such as reproduced this site information, please specify the source.

 
[ KnowledgeSearch ]  [ Add to Favorites ]  [ Tell a friend ]  [ Print ]  [ Send report ]  [ Close the window ]

 

 
Recommended Graphic
Recommend Knowledge
Click Ranking
 
HomeSite | About us | Contact Us | Agreement | Copyright | Sitemap | Spread | Guestbook | RSS Feed