Posted April 14, 2017 10:18 am by Comments

By AmmoLand Editor Duncan Johnson

Former US Department of State Official Comments on Export Compliance Best Practices
Former US Department of State Official Comments on Export Compliance Best Practices
Orchid Advisors
Orchid Advisors

U.S.A.-(Ammoland.com)- Jeff Grody, Executive Director of Orchid Advisors’ Export Services Practice, interviewed former DDTC chief compliance official, Sue Gainor, about export compliance program best practices. The interview provides firearm and ammunition industry executives with her perspective on the ITAR compliance practices of DDTC registrants.

Grody: Sue, your former position gives you unique perspective on the compliance risks faced by industry. At a high level, what are DDTC’s expectations regarding registrants’ ITAR compliance programs?

Gainor: Put simply, DDTC expects registrants to comply with the ITAR. DDTC communicates this expectation and expresses the importance of having well-functioning compliance programs in many ways, such as industry outreach at conferences/speaking engagements, the company visit program, and through all its interactions with the regulated industry. DDTC conducts well over 120 industry outreach events annually and highlights the importance of a good compliance program at most, if not all, of those events. The regulatory goal is for registrants to develop compliance programs that suit their business model not for the government to dictate what these programs should look like. DDTC doesn’t seek to tell the regulated industry how …Read the Rest

Source:: AmmoLand

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