Tips For Export Compliance That Won't Break The Bank

Law360, New York (October 26, 2009, 1:43 PM EDT) -- An avalanche of export control enforcement actions and steeper penalties should have companies jumping through hoops to make sure they are in compliance, but in the current economic climate, a safeguard program that doesn't immediately benefit the bottom line can be a tough sell.

But make no mistake: In the long run, the benefits to building and maintaining an export controls compliance program can far outweigh the costs, especially since just over a year ago, penalties for violations increased to $250,000 or twice the value of...
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