“The solution screens and re-screens our records on a daily basis to ensure total compliance. We are very satisfied with Visual Compliance’s ability to handle large volumes and return the results right away.”
DIRECTOR OF COMPLIANCE, CRUISE LINE INDUSTRY
Every company and institution has its own individual license and classification requirements when it comes to export compliance, but ultimately it all comes down to learning the laws that apply to you and staying on the right side of them.
There’s no one rule to cover every issue, but there is an automated solution that’s easily tailored to your unique requirements and specifications.
To identify your own export compliance issues, the first step is determining your products’ regulatory regime.
Military and aerospace items will need export licensing under International Traffic in Arms Regulations (ITAR) enforced by the U.S. government’s Directorate of Defense Trade Controls (DDTC). Dual-use goods, which can have both military and civilian applications, require an Export Control Classification Number (ECCN) according to the Bureau of Industry and Security (BIS) Export Administration Regulations (EAR). Even if your goods aren’t controlled under ITAR and don’t have a specific ECCN classification under the EAR, instead falling into the generic EAR99 category, all exports are still subject to Office of Foreign Assets Control (OFAC) regulations; these enforce export laws regarding various country-specific boycotts and embargoes, and regulate all international financial transactions, prohibiting dealings with certain specified entities, foreign nationals, governments, and other Specially Designated Nationals.
Visual Compliance can help. Our professional export compliance software is updated regularly, giving you access to the most current regulatory content and Denied Party Lists. This ensures that you can easily perform ECCN classification of your goods, carry out comprehensive export license management, conduct Denied Party Screening, and analyze potential deemed exports and hand-carried exports, all from a single integrated software solution.
For more Information about our export compliance software solutions
To learn more about Visual Compliance’s software solutions, call toll-free 1-877-328-7866 (Intl: 716-881-2590) and talk to one of our compliance consultants. They’ll help you analyze your restricted and denied party screening requirements, evaluate your options, and provide focused software demonstrations. Or send an email.
Contact us or read more to learn about how we can help with export compliance issues in the following areas:
Integrate into your current business system and have confidence that screening is always executed accurately and on time.
Export Documentation Manager
Combine your export documentation and export compliance activities, including AES submissions, in one easy-to-manage workflow that saves you time and resources.
Combines a powerful search engine to help you identify the most relevant classifications in the CCL for your products with a license determination solution to streamline your classification.