12 Steps to an Effective Compliance Program, by JPMorgan Chase Vastera
Export compliance for shipments coming out of the United States and the re-exports of items containing U.S. content will continue to remain one of the manufacturing world’s greatest challenges. The Bureau of Industry and Security’s statistics for fiscal year 2005 show $6.8 million collected for violations. When you look at the various cases, it is clear BIS is expanding enforcement to ianyone involved in the in the supply chain.
Source: Supply Chain Executive