(International Trade in Arms Regulations) ITAR Compliance places requirements on companies entering markets with defense related applications. To establish an effective ITAR program all segments of a business must be involved. Important features of an ITAR program include the following:
- Registration with the Directorate of Defense Trade Controls (DDTC)
- Establishing an Export Compliance Officer
- An effective and continuous training program for all employees
- Effective Cybersecurity
- Visitor Access Control
- A continuing review and evaluation of the ITAR program
The Risks of ITAR Violations
Companies attempting to find a quick fix will often overlook the complexities involved in meeting ITAR requirements and place themselves in legal jeopardy. Because of this they place themselves at risk of failing to comply with ITAR and facing severe penalties. These penalties can include civil fines as high as $500,000 per violation or criminal fines of up to $1,000,000 and 10-years imprisonment per violation. They can also include being barred from future exports and a loss of reputation of a business.
Meeting ITAR Requirements Effectively
Meeting ITAR requirements effectively should include by in from the top down. It must involve all employees. It must ensure security of a company’s facilities and maintain control of sensitive data. A properly established program can continually protect a business by integrating with Quality Management Systems (QMS) to evaluate itself. This allows for a means to detect risks in ITAR Compliance and adjust procedures accordingly.
If you are part of a large corporation or a small company with a part-time compliance person, CVG Strategy has the compliance and training programs to help you meet ITAR requirements. Often smaller businesses often don’t have the bandwidth to dedicate to adequate export compliance. Because of this we offer outsourced Export Compliance Officer services. We also offer signs and accessories to aid in Visitor Access Control on our ITAR Store.
CVG Strategy, LLC is recognized the world over as the premier provider of customized ITAR Consulting and ITAR & Export Compliance Programs and Training that addresses critical U.S. Government regulations, from Export Administration Regulations (EAR), to the International Traffic in Arms Regulations (ITAR) and Office of Foreign Asset Controls (OFAC) and other regulatory agencies and more.