Generate a comprehensive overview
of your organization’s adherence to export control compliance.
Risk Assessment
The risk assessment tool generates an outcome in a risk matrix, providing a comprehensive overview of an organization’s adherence to export control compliance. It offers a practical and prioritized action plan, empowering companies to effectively fortify their export compliance measures. It generates a concise risk assessment report suitable for presentation to management, facilitating clear communication of identified risks and recommended actions.
This tool enables ongoing progress monitoring, pinpointing, and addressing vulnerabilities within compliance efforts.
Not only does it serve as a foundation for managing export control risks, but it also aids in the development or enhancement of an Internal Compliance Program (ICP). It serves as a visual representation of the strides taken to mitigate the risks encountered, demonstrating the progress made in safeguarding against potential vulnerabilities.
About the Module
What about
Export Control Laws
When exporting goods or technology, the last thing an exporter wants is to threaten national and international security by ignoring export control laws. All people working in compliance departments and exporting companies have mixed feelings when it comes to being up-to-date with the current legislation applying to their company and their exports.
Export control rules determine:
- The items, software, and technology that are restricted for export, import, transit, technical assistance, or brokering;
- The countries under embargoes;
- The organizations and individuals that are sanctioned parties and the restrictive measures applying to them;
- The modalities of the licensing regimes;
- The authorities competent for delivering general, global, and individual licenses and authorizations;
- The criteria that licensing authorities are considering while assessing license applications;
- The sanctions applying in case of violations;
- The role of internal compliance programs, internal audits, and training in the compliance measures to be implemented handling export-controlled items, software, and technology.
Create a detailed summary of how well your organization follows export control compliance measures.
Features & Benefits
Risk Matrix Generation
Visual representation of compliance levels, aiding in clear assessment and prioritization of actions.
Action Plan Development
Practical and prioritized action plan, empowering you to strengthen your export compliance measures effectively.
Risk Assessment Reporting
Succinct risk assessment report, facilitating clear communication of identified risks and recommended actions.
Ongoing Progress Monitoring
Continuous monitoring of progress, identifying and addressing vulnerabilities within compliance efforts over time.
Foundation for Risk Management
Structured approach to compliance management, aiding in the creation or improvement of compliance frameworks.
Visual Representation
Tangible demonstration of compliance efforts, fostering transparency and confidence among stakeholders.
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