The ABC of Foreign Military Sales (FMS)
Full Circle Compliance now welcomes registrations for its Academy Training Course entitled “Intermediate Course: The ABC of Foreign Military Sales (FMS)”.
Why you should attend
U.S. export control laws and regulations have due to their complexity and extraterritorial application a significant impact on non-U.S. organizations be-it a Ministry of Defense or a private organization. Foreign Military Sales (FMS) differs in approach to direct commercial sales (DCS) which can lead to confusing situations, and even to potential violations. However, FMS when understood and supervised correctly presents numerous advantages and opportunities to all parties concerned. So, lets comply and use them to our mutual benefit.
Who should attend
This intermediate-level training course is specifically designed for compliance professionals and those in a similar role who aim to benefit from the taught knowledge in the latest FMS requirements and apply them to ongoing and new programs. Idea, why not take your program managers along? Show them the limitations and many potentials which would create a vivacity for compliance and support for their programs and create a coalition of knowledge, potential and operational tranquility.
Course Topics: What you will learn
The course will cover multiple topics relevant for Government and private organizations outside the U.S. that are subject to U.S. export controls and participate or will participate in FMS programs at any level
- The Language, acronyms and jargon
- Key concepts and definitions
- The arms export control act (AECA)
- The foreign assistance act (FAA)
- Export control reform act (ECRA) and the effects on Hybrid arrangements
- What is a LOA, LOR, TPT etc.
- Foreign Military Sales (FMS)
- Conventional Arms Transfers (CAT)
- Program of record (POR’s)
- FMS Process from cradle to grave
- Hybrid (FMS/DCS mix)
- Change in End-Use, and more
Upon completion of this course, participants will have an understanding of the FMS in practice
Getting familiar with key concepts and definitions of FMS, specifically the do’s, dont’s, cans and cants for organizations outside of the U.S.
Understanding the (potential) extraterritorial impact of U.S. export controls on organizations outside of the U.S. and the risks of non- compliance
Obtaining practical knowledge and insights to ensure compliant shipments, repairs, maintenance and overhaul, including upgrades, studies and analysis outside of the USA in the context of FMS. Working on multi-national FMS cases. Incorporating your own national industry base in the requirements to the USA.
Getting familiar with recent trends in enforcement and compliance program guidelines
Participants will receive a certificate upon completion of the training event.
Event: Training Course on “The ABC of Foreign Military Sales”
Training course hours: 3:00 pm – 5:00 pm (CET) /09:00 am – 11:00 am (EDT)
Instructors: Michael E. Farrell (Managing Director), and James E. Bartlett III (Partner and Director)
Registration: To register, please click on the registration button or contact email@example.com.
Past attendee’s discount: 10%
Government employees discounts:
- NAG-members: 10%
- NIDV-members: 10%
* Please contact firstname.lastname@example.org via your business email address to request your discount voucher.