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Export Compliance Management Seminar 31 May 2012: Exports in the Supply Chain
- 1. Exports in the Supply Chain Here there be monsters!
- 2. Export Regulation Outline ● Why export regulation? ● Sources ● EU and UK rules ● Compliance ● Enforcement ● Contractual Terms © Bird & Bird LLP 2011
- 3. Why Export Regulation? ● Protectionism – local production of resources – China rare earth ● Fiscal – taxes ● Statistical – trade data ● Customs – outward processing, repair ● Foreign and Defence policy © Bird & Bird LLP 2011
- 4. International Sources ● UN – sanctions ● Wassenaar – dual use ● Australia Group – chemical, biological ● Nuclear Suppliers Group ● World Trade Organisation ● Etc. © Bird & Bird LLP 2011
- 5. Rules - EU ● Commercial Policy – EU competence ● CFSP Decisions and measures against specific countries and persons ● EU Customs Code and Implementing Reg ● EU Dual-Use Regulation 428/2009 ● EU Common Military List - Notice © Bird & Bird LLP 2011
- 6. Rules - UK ● Customs and Excise Management Act 1979 (CEMA) ● Export Control Act 2002 ● Export Control Order 2008 ● Statutory Instruments ● CHIEF, SPIRE electronic systems © Bird & Bird LLP 2011
- 7. A few issues ● Technology - Brochures, proposals - Whistle blowing procedures ● Components - Where separable from the product ● Personal data - US ITAR compliance for third country nationals © Bird & Bird LLP 2011
- 8. Compliance Objectives ● Legal compliance – - Avoid penalties - Avoid publicity ● Business risk – payments, supply chain disruption ● Reputational risk – bad publicity, reliable supply chain partners © Bird & Bird LLP 2011
- 9. Compliance Strategy ● Product classification ● Country of origin – how many rules ● Country of destination ● Payment structures ● Actors in the supply chain - End users – military? ● Contractual terms © Bird & Bird LLP 2011
- 10. Compliance Cycle ● Compliance programmes ● Licensing – ECO, Treasury Asset Freeze Unit – Single Individual, Open General ● Record keeping ● Audits – internal, external ● Monitoring ● Disclosure ● Investigations – internal, external © Bird & Bird LLP 2011
- 11. Enforcement ● Member States ● HMRC ● CEMA – Arts. 67-68 export offence - "Any person knowingly concerned in the exportation…of any goods with intent to evade shall be guilty of an offence and may be arrested" - Seizure, unlimited fines, prison up to 7 years ● CEMA – Art. 152 compound penalties - No prosecution, financial penalty - £575,000 2009, 18 cases listed 2009-11 © Bird & Bird LLP 2011
- 12. Contractual terms ● All parties must comply with the rules ● Anticipate changes in targeted products, countries and persons ● Typical clauses - Prohibited countries - Compliance with rules – UN, EU, US, UK? - Force Majeure – narrowly defined? - Warranties and Representations - Indemnification - Choice of Law © Bird & Bird LLP 2011
- 13. Thank you Iain MacVay Direct: +44 (0)20 7415 6617 Tel: +44 (0)20 7415 6000 iain.macvay@twobirds.com Bird & Bird is an international legal practice comprising Bird & Bird LLP and its affiliated businesses. www.twobirds.com