Do you have a well-designed export compliance program?
An Export Compliance Program (ECP) governs how export managers and staff do their daily jobs. The U.S. Government takes export compliance extremely seriously. An ECP is regarded by all regulatory agencies as a key indicator of export compliance. An absent – or weak – ECP is considered a major negative.
Should problems develop, companies with strong ECP’s are in correspondingly stronger positions. Well-known firms that may have “saved money” with weak (or non-existent) ECP’s have paid for it later. Penalties run into the millions of dollars plus highly damaging publicity. For severe or repeated violations, companies may face being added to U.S. Government “blacklists” – denial of export privileges that can be ruinous to business reputation and commercial relationships.
Our consultants at the Trade Compliance Group are experts in the design and implementation of ECP’s. We offer practical advice to those who must manage ECP’s on a day-to-day basis, as well as to upper management, whom the U.S. Government insists bear ultimate non-delegable responsibility.
The baseline for determining your ECP requirements is a comprehensive TCAT assessment. All “gaps” in your current ECP are immediately identified at the conclusion of your TCAT assessment. The TCAT Gap Report gives you a clear roadmap to a robust ECP.
Contact us to learn more about our ECP development services.
