Export Management and Compliance Program

The U.S. Government requires companies follow strict guidelines on what can be exported and to whom; in the interest of national security; as well as limiting the proliferation of weapons of mass destruction. If the regulations are not followed, heavy fines can be levied against the company. Individuals involved at all levels can also be penalized with fines, and imprisonment.

The U.S. Department of Commerce Bureau of Industry and Security (BIS) publishes a guideline to help walk companies through how to set up their own Export Management & Compliance Program (EMCP) tailored to their own needs. The manual outlines 9 key elements.

1. Management Commitment
2. Risk Assessment
3. A Written EMCP
4. Compliance Training
5. Cradle to Grave Export Compliance Security & Screening
6. Recordkeeping
7. Audits/Assessments
8. Reporting & Escalation
9. Corrective Action

The BIS also publishes a self-audit tool to help companies evaluate their EMCP as would be expected by an outside audit.