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VISUAL COMPLIANCE ON-LINE SOLUTIONS Complying with the scores of U.S. export regulations presents significant challenges to all businesses and exporters at large. Offenses that were once settled quietly in civil actions now involve criminal charges, stiff fines, and prison terms. Your business could also come face to face with seized products, frozen assets, and the loss of both government contracting and export privileges. Any of these outcomes could shake an organization's very foundation and inflict long-term damage to its competitive capabilities. To avoid becoming the target of government scrutiny, one must avoid business behavior deserving of customs and criminal sanctions. This is best achieved by monitoring your own business practices through internal auditing and investigation. It is also critical to design and implement an export compliance system. Utilizing automated functionality like that available in MSR's Visual Compliance suite is the most effective and efficient way to ensure compliance with U.S. Government export regulations. Export compliance programs provide a competitive advantage A sound export compliance program is not only a defensive initiative in aiding U.S. Homeland Security to aggressively combat fraud and abuse; it also offers substantial business benefits. Any organization with significant revenues, or with many employees or consultants, is likely to uncover questionable or careless conduct within its structure at some point. True, competing in a global marketplace requires aggressive business practices here and abroad, but such practices can increase potential criminal exposure and arouse the suspicion of law enforcement authorities. Even businesses with seemingly spotless legal records have been accused of improper conduct under the Foreign Corrupt Practices Act and a variety of other customs legislations involving boycotts and sanctions. This is a direct result of the government's crackdown on export non-compliance through regulatory violations, which has increased substantially in the past five years and shows no signs of stopping. In fact, federal criminal enforcement is expected to intensify, particularly in securities, government contracts, health care, and international transactions. Business people who never thought their professional lives would intersect with the criminal justice system must now be prepared for that possibility. The fact that few of them intended to violate the law is no consolation on the day of indictment — little latitude is shown toward even first-time white-collar offenders. Non-compliance can be avoided with a solid export compliance and license management system in place. Demonstrate to the government your company's commitment to doing business successfully and legally. Avoid unnecessary risks and enhance your competitive position with the convenience of Visual Compliance license management and export software solutions. Call toll-free 1-877-328-7866 and talk to one of our global
trade compliance consultants. They'll help you analyze your requirements, evaluate
your options, and provide focused product demonstrations. Or send an email to
info@eCustoms.com. |
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