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

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.

Aviation Skills Awards 2017 open for nominations

Nominations are now open for the 2017 awards which recognise and reward those who are doing exceptional work in aviation and training.

Leonardo delivers an AW119Kx and a GrandNew to the Philippines

Leonardo's presence in the Philippines is expanding with the recent delivery of an AgustaWestland AW119Kx and a GrandNew to corporate clients.

Stadium Stontronics introduces SRS low profile AC-DC power supplies

Stadium Stontronics has introduced a SRS series of medium- to high-power single-output enclosed type AC-DC power supplies, which have been designed with a very high performance ratio for industrial automation, control,

QinetiQ demos digital VR classroom

QinetiQ has demonstrated how emerging technology could make training more efficient and effective, in a showcase attended by military VIPs at QinetiQ's Training Innovation Facility in Farnborough, UK.

Theorem Solutions to preview multi-device visualisation app at Develop3D Live 2017

Theorem Solutions of Tamworth, Staffordshire, will be introducing Augmented (AR), Mixed (MR) and Virtual Reality (VR) App at Develop3D Live 2017 within the Virtual Reality Zone (in the Mead Gallery) on 28th March 2017 at Warwick Arts

KBR
See us at
SMI BT1705SMI12DE BT203280917Future Armoured Vehicles Situational Awareness BTSEKODSEI LB0911150917SMI FHT BT0601190517SMI MSS BT0601270417