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Trade Compliance

This e-learning closes important knowledge gaps: International trade is often more strongly regulated by law than most companies are aware of.

Technical Information
FormatHTML5 & SCORM 
Available inIn your LMS or in our Online Academy 
LanguageEnglish, German  
Course Duration40 Minutes 
DeviceDesktop, Tablet, Smartphone 
Number of modules8Modules
You learn:
  • Compliance risks in international trade, purchasing and sales
  • Countries in which special risks exist
  • What are the liability risks?
  • Development of an export control compliance organization
  • Compliance for import and export
  • Introduction to the most important directives and standards
  • More info

Increasing importance of trade compliance

Trade compliance is an issue that has become extremely important. European and national taxes and duties must be strictly adhered to. Import requirements and quotas for import and export must also be observed. All trade connections and deliveries must be clarified with the current embargo and sanction lists. Certain chemical and technical products are also subject to precautionary measures relating to the War Weapons Control Act. The Money Laundering Act and product liability issues also exacerbate liability risks through the actions of third parties.

A legal recommendation

Numerous legal provisions contain specific requirements for companies to carry out export controls. Current case law and federal authorities therefore expressly recommend that companies set up a comprehensive export control compliance organization. In addition, there are criminal law risks of liability: even a negligent violation of concrete prohibitions, missing permits or violations of embargo, sanction or goods lists leads to liability and high fines!


Learn which regulations the export control contains
Learn which regulations the export control contains
By means of case studies, employees can put themselves in decision-making situations.
By means of case studies, employees can put themselves in decision-making situations.
Learn about liability risks and responsibility in the context of export control.
Learn about liability risks and responsibility in the context of export control.

FAQ

What are the central topics of trade compliance?

This module gives you an overview of the most important trade compliance topics: 

  • The importance of international regulation 
  • Countries and markets with particular risks of corruption 
  • Compliance Risks in Purchasing and Sales 
  • Guidelines for import and export 
  • Development of an export control compliance organization 
  • Embargo and sanction provisions 
  • Introduction to the most important directives and standards: - Exports and export regulations - Import quotas, import regulations 
  • Money laundering and terrorist financing 
  • War Weapons Control Act, Chemical Weapons Convention 
  • Product liability, product piracy 
  • Own compliance requirements (e.g. CSR, Fair Trade) 
  • Possible liability for the actions of third parties (3rd party compliance)

Why is the importance of trade compliance increasing?

Companies today are more challenged than in the past to build up appropriate know-how about the relevant laws and regulations and to prove that compliance systems are functioning. Corresponding internal compliance guidelines must be drawn up and trained. The monitoring of compliance with these regulations must also be organized. Accordingly, Trade Compliance takes care of the appropriate supervision and the performance of appropriate due diligence audits.

And what if I only sell in my home country?

Hardly any company today can do without international suppliers or trade channels. Administrative offences have happened quickly here. The scope of possible criminal offences naturally extends beyond German territory. You can sue American or British companies for your actions, for example in Africa or Asia. Trade Compliance therefore deals with all processes of risk analysis, the establishment of an export organization and the processes of monitoring and controlling compliance with the regulations for the entire company, but also for suppliers and also for the actions of your customers. Therefore, there are also interfaces to 3rd party compliance.

Anyone involved in cross-border trade and goods traffic cannot avoid international and national import and export regulations. With this e-learning course, you can use up-to-date training content to promote the handling and legal certainty in your company.

Bernhard Bachmann, Course Author for Compliance