Voluntary Disclosures: What, When, Why and How

Doing disclosures can be costly both in man hours and legal fees and usually result in no monetary penalties.  Find out how to establish a policy on disclosures with an eye toward cost savings.

Even the most compliant companies can make mistakes and whether or not to file “voluntary disclosures” relating to these errors is often a difficult decision.  Companies have options when dealing with violations and should have a policy on what to do when something goes wrong, and importantly, should apply a reasoned judgment on a consistent basis.  

Often a company will reach out to outside counsel who may not have experience in the EAR or ITAR and may not be qualified to gauge the severity of the violation or launch internal investigations that are costly and bring little in value to their clients.   Choosing the best outside counsel to represent an organization in a disclosure matter is extremely important both from a compliance and cost standpoint.  This webinar is given by a Consultant who has had no legal training but has dealt with many export control matters with in-house and outside counsel.

In this webinar we will look at the following issues:

• What is a “voluntary disclosure” under ITAR and EAR rules?
• How do “voluntary disclosures” differ from  “directed disclosures”
• Different approaches of BIS and DDTC regarding disclosures
• Fact finding — how to launch an internal investigation
• How tightly are your products controlled, i.e., an export error involving ITAR or National Security controlled EAR items is much more serious than a EAR item controlled only for foreign policy purposes.
• Criminal vs. civil violations — analyzing violations from the standpoint of assessing criminal conduct
• When to call a lawyer and how to select one that can represent you the best
• How to save money if you have to call in outside counsel
• Mergers and acquisitions — how to look at companies compliance history during M&A talks and when and if to disclose violations

Join ECTI and Felice Laird for an in-depth and thorough examination of disclosure issues.  When you finish this webinar, you will have a new perspective on the decisions involved in disclosing violations to the US government.

 http://www.learnexportcompliance.com/disclosure_webinar

**Each registrant will receive a copy of the presentation, certificate of completion and access to the webinar recording.