Trade Compliance on a Budget: Interactive Process for Building Your “Right-Size” Compliance Program

With a combined 50+ years of corporate compliance and risk management, industry experts Rosanne Giambalvo and Alan Levesque will share their 3 step strategic methods for striking that unique balance between execution, cost, and effectiveness across different organization’s risk profiles and budgets.

In a time of particularly increasing U.S. Government regulation and focus on dual use technology transfers, it is vital to develop, communicate, and implement a deliberate approach that both balances risks AND your specific budget constraints. 

Particular areas of focus will be on compliance program risks as they pertain to investment: regulatory enforcement, business friction, and damage to reputation and brand. Additionally considered will be reducing/eliminating the financial and organizational tensions associated with trade compliance, as well as current regulatory guidance on compliance programs, addressing additional risks presented by cyber/digital threats, risk-tailoring compliance for optimal budget allocation, risk assessment as a key starting point for building a mature compliance program, and wrapping up with a compliance program life cycle and its continuous improvement.

These key issues will be addressed – for implementing your best trade compliance program:

• Assessing it and moving it from overhead to value creation
• Ientifying and prioritizing compliance enhancements
• Developing an ongoing, continuous improvement approach
• Integrating program elements with business systems for maximum value, all while grappling with scarce resources and stakeholder buy-in