Implementing an Internal Compliance Program for Export Controls & Sanctions

Invitation

Full Circle Compliance now welcomes registrations for its Academy Training Course entitled “Implementing an Internal Compliance Program for Export Control & Sanctions”.

Course Description

Organizations handling military and dual-use items must comply with export control laws and regulations and related trade restrictions, such as sanctions and embargoes. Developing an Internal Compliance Program (ICP) is considered a best practice to ensure compliant transactions and to prevent non-compliance situations that can disrupt business operations and access to important markets and technologies. This training session will assist you in developing the tools required to keep their ICP’s effective and efficient. Specific attention will be given to developing audit methodologies and other monitoring capabilities that will allow a compliance officer to keep on top of the compliance effort at their organisation.

Who should attend?

This course is specifically designed for compliance officers and those in a similar role who aim to enhance their organization’s export compliance efforts. The course provides valuable insights for both employees and (senior / middle) management working in any industry subject to U.S. and/or EU (member state) export control laws and sanctions regulations.

Course Topics

The course will cover multiple topics and tackle various key questions, including but not limited to:

• ICP maturity levels, real time monitoring and continuous improvements
• General Red Flags
• Key Performance Indicators for Trade Compliance and reportingto management
• Automated controls, IT security including Cloud Computing
• Compliance Audits, perform gap-analysis or slack-analysis

This course includes hands-on exercises and peer group networking.

Course Objectives – Upon completion of this course, participants will have gained / be able to:

• Evaluate the effectiveness and efficiency of a compliance programme
• Design and implement a strategy to increase the maturity level of acompliance programme
• Define the KPIs and system requirements for a complianceprogramme depending on its specific situation
• Analyse the compliance risk profile of a company and defineadequate safeguarding-measures