Compliance Guidance
Taking a systematic approach to export compliance is essential if legal commitments are to be maintained and proliferation avoided. To help firms implement export compliance, the Project Alpha team has compiled best practices on export compliance from various sources into a single set of draft guidelines, which can be accessed at the link below.
This compliance guidance is a live document; the project is actively seeking feedback to improve the guidance, and firms are asked to contribute on the following issues:
1. Are there any missing elements that should be included? Perhaps a section on different designated entity screening software packages?
2. Does the guidance fit with your firms processes? If not, please share your approach and we can look at including it as an alternative.
Based upon this guidance the project is currently developing a compliance heath check methodology that will allow firms to benchmark their compliance system against comparable organisations. Gaining an understanding of the sector-specific issues associated with compliance is therefore vital if that tool is to be effective, and your involvement would be most appreciated.
