International trade regulations are becoming more complicated, and global enforcement efforts more concerted; trade agreements are less certain, and sudden sanctions or embargoes between nations are more frequent than ever. Understanding and complying with the rules and regulations governing export and import activities, sanctions and embargoes, antibribery and anti-corruption in the countries that you do business in is critical. Failure to comply with any of the applicable regulatory requirements can have severe consequences, including fines and penalties, reputational damage, and even criminal prosecution.
11 companies paid just over $1.92B USD, and one Swedish company paying $965M USD of that to resolve FCPA cases in 2017.
52 administrative cases resulting in $692MM USD in administrative penalties in 2017—fines have been climbing since 2015.
31 individuals and businesses convicted, $287MM USD in fines, $166MM USD in forfeitures, and 576 months of imprisonment issued in 2017.
Our cloud-based platform is designed to enable you to deploy your trade compliance training program quickly, whether you have train ten or ten-thousand people in one location or dozen around the globe.
With our platform you can rapidly launch a comprehensive global trade compliance training program and start training your professional staff, trade compliance practitioners anywhere in the world.
Design and deploy learning plans to meet the individualized needs of your people based on their specific job functions and compliance responsibilities.
In a few simple clicks you can embed company-specific guidance, policies, and resources to meet the needs of your organization.
Our learning is designed to maximize the impact of each lesson by focusing on three essential variables, who, what, and how, highlighting the key concepts and scenarios related to each, providing compliance training in context.
Deliver branded course completion certificates to your people as they complete their required trade compliance training courses.
Leverage automation to deliver gentle reminders to your learners when they need a nudge to complete their learning plans and deliver detailed reports for executive leadership and auditors to demonstrate you’ve achieved your compliance training requirements.
These modules provide role-based training on the regulations and enforcement agencies specific to each country and discuss the principal export control regimes of each jurisdiction: sanctions and embargoes, and dual-use and military controls.
This training covers each country’s import controls regulations and enforcement agencies, classification processes, valuation methodologies, country-of-origin regulations, duties/tax assessment schemes, import prohibitions/restrictions, and appeal procedures.
These modules address key sanctions and embargoes concepts and gives users an overview of the multilateral and unilateral sanctions and embargoes regimes adopted by each country. We offer additional lessons on the in-depth implementation and enforcement activities of each jurisdiction.
Further mitigate compliance risks by integrating lessons on security and trade topics into your training. The content covered includes topics such as cybersecurity, international travel, the National Industrial Security Program Operating Manual (NISPOM), security clearance, and special security agreements (SSAs).
Reduce your compliance risks by integrating modules on corruption and antiboycott into your training programs. Content covered includes antiboycott rules compliance, the U.S. Foreign Corrupt Practices Act (FCPA), and the UK Bribery Act 2010.
A well-designed trade compliance training program incorporates continuous learning in the format of engaging vignette-driven micro-lessons designed to reinforce learning, introduce updates, and extend learning.
There are many business advantages to implementing a well-designed, role-based trade compliance training program for your workforce including: