A Holistic Approach To Trade Compliance

Law360, New York (July 29, 2010, 11:42 AM EDT) -- The U.S. laws and regulations that apply to global business are complex, intricate and far from intuitive. Companies that implement a comprehensive internally and externally integrated compliance program will enjoy benefits in cost and time savings resulting in a competitive advantage.

Internally, a viable compliance program starts with senior management. The board and senior officers are responsible for creating a culture and environment of compliance. Senior management need to be briefed on how the import and export laws apply to the company’s products and services so...
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