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

UK aerospace sector set for record year

The UK aerospace industry continued its solid start to 2017, figured released today show, recording deliveries of 100 aircraft with a value of up to £2bn to the UK economy.

Aerospace interiors firms collaborate with POISE

Design company, tangerine, has joined forces with seat cover manufacturers, Bradfor Ltd, plastic injection moulding company, IPC Mouldings and magnesium manufacturer, Magnesium Elektron, to showcase their expertise and in depth

Getac partners with Trivalent on rugged computing data protection

Getac today announced a partnership with provider of next-generation data protection services, Trivalent, to deliver seamless and robust next-generation data protection for the first time on rugged computing devices.

Bombardier C Series aircraft completes LCY to JFK flight

Bombardier Commercial Aircraft confirmed today that a C Series aircraft with a representative payload successfully flew non-stop from London City Airport (LCY) to John F. Kennedy (JFK) Airport in New York City.

Flybe lands at Heathrow

Flybe is strengthening UK regional connectivity with the introduction of new routes between Scotland and Heathrow, with the inaugural flight taking off from Heathrow at 0750 this morning.

B&H to provide EMEA forward stocking location for AeroVision

B&H Worldwide is going to open a new forward stocking location with aerospace logistics provider AeroVision International, to service customers in Europe, the Middle East and Africa.

SMIFAV SK2003010517
See us at
DSEI LB0911150917Future Armoured Vehicles Situational Awareness BTSMI BT1705SMI12DE BT203280917SEKOSMI MSS BT0601270417SMI FHT BT0601190517