AEB launches Global Trade Compliance Campaign

AEB launches Global Trade Compliance Campaign

Ahead of U.S. Export Control Reform

AEB (International) Ltd, a leading provider of supply chain management and global trade solutions, is launching a comprehensive global trade compliance campaign featuring events, new white papers and awareness literature ahead of the Obama Administration’s upcoming export control reform (ECR) changes. AEB’s campaign is aimed at guiding UK businesses through these changes and helping them understand how it is affecting their global trade compliance processes.

 

The U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) have now finalised the first two sets of rules, redefining how the U.S. Government protects sensitive technologies and regulates exports of munitions and commercial items with military applications. The first set of rules will take effect on 15th October 2013, while the second set was issued in July and will take effect on 6th January 2014. How these changes affect companies outside the U.S. and what they are required to do are crucial and urgent questions for British businesses. To help them understand the impact of the new rules, AEB is launching various export controls initiatives to raise awareness and educate companies about compliance obligations.

 

Amongst AEB’s compliance initiatives is the sponsorship of the 26th Annual Global Trade Controls (GTC) Conference, organised by IBC Global Conferences. This essential industry event for global export control compliance will take place on 5th and 6th November at the Royal Garden Hotel in London, with pre- and post-conference workshops about “Export licensing and trade controls” and “Understanding defence trade controls” on 4th and 7th November, respectively. On this occasion, participants can network with government officials and peers in the areas of export controls and compliance, and will also have the opportunity to take part in three problem-solving clinics about due diligence and export controls, developing a technology control plan, and privacy laws and screening.

 

AEB (International) Ltd is an official sponsor of the GTC conference and will be showcasing its end-to-end global trade management solution portfolio, including restricted-party screening, export control license management, dual-use goods, critical end-use goods and country embargoes. During the conference, AEB will also promote the latest awareness literature on US export controls, including the latest changes to U.S. EAR (Export Administration Regulation) and ITAR (International Traffic & Arms Regulations). This topic will also be addressed on 5th November as part of the GTC first day programme: at 2pm, via video link, Hon Eric L. Hirschhorn, Under Secretary, Bureau of Industry and Security, U.S. Department of Commerce, will be presenting the key note address titled “Export Control Reform: Preparation for Change”, addressing the resulting challenges and obligations for UK businesses.

 

AEB’s General Manager Claire Umney said: “We are proud to be sponsoring the 26th IBC Global Trade Controls Conference, as it is the leading industry event for global trade compliance professionals and export controls experts. With the upcoming export control reform, it’s crucial for U.K. companies handling U.S. controlled items or data to understand U.S. re-export controls and re-transfer rules, and how U.S. export controls differ from national controls. We are looking forward to discussing the latest changes and requirements with UK businesses at the event, and to demonstrating how our ASSIST4 solution suite can help them to best manage current and upcoming compliance obligations to their advantage.”

 

The conference takes place at the Royal Garden Hotel in Kensington, 2-24 Kensington High Street, London W8 4PT. To register, please visit the website.