ITT and Today’s Export Compliance Issues – An Expert Reflects
John Huddle, CEO and practicing attorney with The Global Law Group in Richmond and chairman of the Virginia-D.C. District Export Council (DEC) spoke to the Blue Ridge Business Journal on the ITT fine, reverse engineering, Â and other export compliance issues. Read the article by Michelle Long here.Â
“In a nutshell,” Huddle says, “two problems are common and seem to have been manifested in the ITT situation.” 1) Effective written compliance programs that accommodate legitimate business needs with a system for checks and balances, so that it (a) educates, (b) prevents non-compliance, and (c) detects non-compliance early, whether by ignorance or willful misconduct; 2) Sales teams are especially vulnerable to compliance violations because they are on the front lines interacting with customers and it is imperative that they get the proper training.
Posted on April 25th, 2007 by keeton
Filed under: Uncategorized