in Aviation / Defence

AEB publishes free export controls guide

Posted 17 February 2017 · Add Comment

Provider of global trade and supply chain management software, AEB, has today announced the release of a free online guide to help executives understand the business relevance of export controls.

Senior managers focus on increasing productivity, reducing costs, developing products, and winning customers. Export control compliance is often considered a burden.

Why is it important? Who's responsible? What are the consequences of non-compliance? AEB, a leading provider of global trade and supply chain management software, has developed an online guide to help executives understand the relevance of export controls for their business. Titled 'US export controls: Make the right decisions – A practical guide for executives', the guide can now be downloaded free of charge at www.aeb.com/uk/media/booklet-online-us-export-controls.php .
 
Compliance with frequently changing EU and US export control regulations can be extremely challenging. It’s often considered an administrative burden, as it doesn’t seem to add any value to services or products. But non-compliance is not an option: criminal fines, administrative penalties, and costs associated with defending against enforcement actions can place a massive burden on a company’s finances. Damage to the brand image and large financial penalties can have a very direct impact on the shareholder value of the company.
 
That’s why AEB has teamed up with leading export control consultant David Hayes, Director of David Hayes-Export Controls, to develop a practical guide designed to support senior managers in understanding their legal responsibilities and which measures they need to implement to ensure compliance. The guide covers the following topics:
 
•    Importance of export controls
•    Purpose of export controls
•    Relevance of US export controls
•    Responsibilities and obligations
•    Consequences of non-compliance
•    Effective compliance programmes
•    Compliance of the future
•    ROI of compliance programmes
 

Claire Umney (above), General Manager at AEB (International) Ltd, said: “Consequences of non-compliance cannot only be viewed through the lens of government fines. Financial impacts involve much more than penalties and it is extremely important to prioritise compliance programmes at board level. Implementing sound programmes will protect businesses from the potential financial and reputational impacts of non-compliance.

"With our new guide, we want to help executives understand why export controls start at the top of a business, and what the opportunities are for increasing efficiency, mitigating risks, and optimising security throughout – and beyond – an organisation. As one of the co-authors, I am very proud of our new guide and the value it offers to senior managers.”
 
AEB’s online guide "US export controls: Make the right decisions – A practical guide for executives" is tailored to executives in the senior management of companies that manufacture, trade, or distribute controlled materials.


The guide is available free of charge at: www.aeb.com/uk/media/booklet-online-us-export-controls.php

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Glasgow Airport opens dedicated pick-up and drop-off facility

Glasgow Airport's dedicated pick-up and drop-off facility opens today at 3am, with the opening of the new purpose-built facility marking the final stage of a wider scheme of works aimed at reducing congestion and improving the flow of

China Southern Airlines orders Rolls-Royce Trent XWBs

China Southern Airlines has selected Rolls-Royce's Trent XWB engine to power 20 Airbus A350-900 aircraft.

Peli unveils drone protecting Storm Case

Producer of tough rugged cases, Peli, has introduced a case which is ideally proportioned for safely carrying drones.

Aish Technologies' enclosures support Royal Navy Shared Infrastructure

Poole-based defence systems manufacturer, Aish Technologies, is supporting the Shared Infrastructure project - one of the most significant projects to affect ship tech in recent times - by supplying tough metal enclosures that will

Typhoon completes Meteor dual firing

A Eurofighter Typhoon has successfully completed a simultaneous firing of two MBDA Meteor Beyond Visual Range air-to-air missiles as part of a major programme of work to integrate the weapon on to the aircraft.

Andy's wizard website helps secure the world

A website created out of boredom on a kitchen table in Bath a decade ago has grown to become the go-to place for the world's biggest security agencies.

Getac SK2703270617
See us at
SEKOSMI FAVWS BT0504290617DSEI LB0911150917SMI12DE BT203280917SMI FHT BT0601190517SMI BT1705