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US Export Compliance

Export Compliance Policy: Purpose of Compliance

In general, the purpose of compliance is to allow companies to legally import and export the products, services, and data needed to transact business and remain profitable.

This goal is achieved through employee awareness, knowledgeable application processing, careful recordkeeping, and routine auditing.

By increasing awareness of the importance of compliance, it is the goal of compliant companies to reduce exposure to fines and penalties resulting from import/export errors while maintaining a competitive advantage with their ability to export in compliance with U.S. Government regulations.
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Aug 21, 2008 14:50:00