Classification plays separate but fundamental roles in both the U.S. export and import systems. An improper classification can have severe repercussions including civil and criminal fines and penalties. Doreen Edelman provides an overview of export classifications.
When it comes to export rules and regulations, what do companies want most? A system that is clear, predictable and easy to use. The Obama Administration got the message and in August 2009 announced a comprehensive review of the export control system. Here is a summary of the changes and what to expect. Bottom line—it is going to be a long, drawn out process.
Export Compliance Requirements For The HR Manager? If You Hire Foreign Workers in the U.S., You Bet!
Human resources and U.S. export controls don’t go together, right? Don’t bet on it. If that sounds crazy to you, you might be surprised to find an export compliance requirement, which was slipped into an immigration form last year, causing a bit of confusion inside your HR department. Doreen Edelman and Abbey Baker clarify I-129 export compliance and tackle FAQs they get from HR managers on a regular basis.
After discussing the importance of incorporating export and import compliance into the M&A due diligence process, Doreen Edelson of BakerDonelson provides a list of some import and export topics to include in your process.
Antiboycott compliance and reporting is often seen as a relic from the past, but Baker Donelson’s Doreen Edelman is raising it because it is alive and well and actually more complicated these days because those making such requests have gotten more sophisticated. A company’s compliance obligations include a proactive requirement to report boycott requests to the U.S. government. The problem is that it is difficult to decipher “what” actually requires reporting. Doreen gets into the nitty gritty today about antiboycott compliance and reporting.
Now that we’ve talked about improving compliance culture, let’s move to the nitty-gritty. U.S. export laws cover a broad variety of topics and span a range of government agencies, and creating a complete export compliance program can be a daunting task. Let’s break it down into digestible pieces and give you a good framework from [...]
With “compliance” being the buzzword for corporate executives and legal counsel, there is renewed focus on reducing legal risks when exporting or selling overseas. The key is a robust compliance program that outlines the company’s policy as well as various internal procedures to implement the policy and a solid set of documents to evidence the compliance activities at all levels of the company.
Doreen Edelman of Baker, Donelson, Bearman, Caldwell & Berkowitz reviews corporate compliance program “must haves” for companies doing business abroad.
A recent anti-boycott investigation of the Shanghai branch of a major U.S. bank serves as an alert to branches and subsidiaries of U.S. companies located in China. Foreign branches of U.S. banks may be unaware that complying with boycotts that are not sanctioned by the United States may violate U.S. law. Such unsanctioned boycotts not only include the Arab League boycott of Israel, but may also include boycotts of Taiwan and Japan.
Clifford Chance’s Wendy Wysong, along with Erica Dillon, explores what happened with the Shanghai bank and reviews anti-boycott requests that violate the EAR.
Wendy Wysong and her co-authors from Clifford Chance describe what can happen if a company does not have strong anti-bribery controls, because it probably also lacks strong systems and procedures to address export compliance as well.