Export Policies and Procedures are an export compliance program that primarily controls sales/shipment of product but also have controls for technical data, detail proper export documentation & record keeping, and detail a company’s audit and training plan. The Technology Control Plan is a guide to restrict controlled information and product from foreign visitors and employees. Together, a company’s Policies and Procedures and Technology Control Plan are a necessary export compliance program to ensure compliance with changing U.S. export laws.
Export Policies and Procedures and a Technology Control Plan are important not just to prevent a violation, but are also your first line of defense if a violation should occur. DDTC will also require a copy of your Policies and Procedures should you need to file a 60-day notification of a Merger/Acquisition/Divestiture. You will also be asked if you have written Policies and Procedures when you apply for or renew your PM/DTC registration.
Please contact our office if you would like to discuss drafting and implementing Export Policies and Procedures.
This Blog is made available by Wilmarth & Associates for educational purposes as well as to give you general information and a general understanding of export law and compliance, not to provide specific legal advice. This blog is not legal advice and should not be treated as such. You must not rely on this blog as an alternative to legal advice from your attorney or other professional legal services provider. The information provided on this website is presented “as is” without any representations or warranties, express or implied.