Trade Buzz
Why ITAR Can Easily Complicate Your Business
With all the trade compliance issues that global organizations have to worry about, it is sometimes a wonder that business ever gets done. Moreover, certain types of businesses are subject to more stringent regulations. Take the International Traffic in Arms Regulations (ITAR). If they affect your company, they can easily complicate your business. ITAR is…
Want to learn ITAR Compliance? Here’s A Quick Guide to Get You Started in 2021
Introduction The United States government has strong oversight of the country’s defense-related deals, ensuring the military equipment exported doesn’t fall into the wrong hands. The government has tightened its policies regarding the export of defense-related weaponry in the recent past by introducing a stricter set of rules we know as International Traffic in Arms Regulations…
Operations & Compliance BCP: Keep Business As Usual During COVID-19
Vigilant’s Trade Compliance Program Optimization Solution It’s no secret that global operations are facing a potentially harmful chain reaction as a result of COVID-19, also known as the Coronavirus. As more cases are reported across the world, employers are re-evaluating their in-office work policies, bandwidth and in-house expertise to maintain compliance while keeping up with increasing…
USMCA: Update Alert – Canada Ratifies
USMCA: Update Alert – Canada Ratifies Much to everyone’s surprise, the Canadian House of Commons ratified USMCA last Friday (3/13/20). While this is a key step forward, all three countries must now work to prepare uniform regulations before implementation. Previous reports detailed that President Trump had hopes of implementing USMCA on June 1, 2020, however…
USMCA: Are You Prepared?
USMCA: Are You Prepared? Where are we? We are all aware of the impending change from NAFTA to USMCA, but where does it stand today? As of today, both Mexico and the United States have signed the agreement, but it is pending approval of the Canadian Parliament. In October 2019, the Canadian Liberal Party lost its…
KYC & AML: Best Practices For Compliance
KYC & AML: Best Practices For Compliance We all know criminals can be intelligent. As the world becomes more and more digital, thieves are finding bigger and more invasive ways to disrupt innocent people’s lives. With the rapid growth of the fintech industry, many new regulations have come about as a means of protecting consumers’…
December Newsletter Articles
Vigilant’s Trade Compliance Program Optimization Solution Apparently, trade war talks between the United States and China are moving in the right direction, as Trump says “It’s going well”, but will only sing a deal that is a good deal. Makes sense. Read on for more details on the latest in the trade war U.S. Customs…
Monthly Sanctions Compliance Roundup
Monthly Sanctions Compliance Roundup In 2018, President Donald Trump’s administration saw to it that the United States pulled out of the 2015 Joint Comprehensive Plan of Action (or the “Iran Deal” as it has infamously come to be known) one of the key pieces of foreign policy brought forth by his predecessor at the helm…
5 Aspects of Global Trade Compliance in Supply Chain Management
5 Aspects of Global Trade Compliance in Supply Chain Management In a world that seems to get smaller every day, global supply chain compliance is becoming evermore essential. Without it, no international company can truly achieve operational excellence. Besides being inefficient, companies that don’t have a solid international trade compliance program in place subject themselves…
Dealing with Routed Export Transactions
Dealing with Routed Export Transactions What You Should Know About Dealing With Routed Export Transactions Many industries enable organizations to enjoy cross-border, international relationships, but not everybody understands the work that goes into creating successful import and export transactions. While compliance is difficult with any routed export transaction, companies that aren’t prepared for proper regulatory checks will…