Stay Up-To-Date On Trade Export with WorkSeer

 

The day-to-day demands of being a Trade Export manager don’t leave much time for additional tasks. You have a lot on your plate between reviewing transactions, updating policies, training (or re-training) your teams, and so much more.

 

Following export blogs is a great way to keep tabs on upcoming events, industry trends, conversations, and the latest news on all things Trade Export.

Whether you’re looking to clean up your ITAR program or stay informed on the latest in exporting and importing regulations, trade compliance blogs are a great resource.

 

Take the time to find the right blogs for your unique position, and make sure to catch another update again. This will keep your company compliant and make it easier for you to make informed decisions on everything from OFAC compliance to export control regulations and more.

 

You won’t miss a beat in trade laws and regulations news by bookmarking these blogs and adding them to your RSS feed.

Top Features Restricted Parties Screening

 

Restricted party lists (also called denied party lists) are lists of organizations, companies or individuals that various U.S. agencies—and other foreign governments—have identified as parties that one can’t do business with.

There are several reasons why a person or company may be added to a restricted party list. For example, they may be a terrorist organization or affiliated with such an organization, they may have a history of corrupt business practices, or they may otherwise pose a threat to national security.

Restricted party screening (or denied party screening) refers to the process in which a company checks a potential customer or business partner against one or more of the restricted party lists to ensure they are not doing business with a restricted party.

 

 

Get it right the first time. See features your restricted party screening software needs. Transform your sanctions compliance effort and get the most value with this pricing guide.

Global Trade Export Documents

 

The number and type of documents that the exporter must produce vary according to the terminus and type of shipment. Because each country has its own set of import regulations, the exporter must take care to find out, well in advance, what documents will be required for the shipment of goods to clear customs in another country. It’s best to ask the foreign importer what documents are required in his or her country for up-to-date foreign import requirements and verification.  

 

Discrepancies or omissions in documentation may result in the export of merchandise being delayed, may result in non-payment, or even result in the seizure of the exporter’s goods by the U.S. or foreign customs officials. Collection documents are subject to precise time limits, and may not be honoured by a bank if the date has expired. Most documentation is routinely prepared by freight forwarders and customs brokers, but, as the exporter, you are ultimately responsible for the accuracy of the documents.

It’s important to understand what documents are required for a shipment and why they are required. Another option is to have a freight forwarder prepare documents for your exports. 

Parties are screened against the data maintained in Workseer's Global Knowledge® application which contains the most comprehensive and current database of global trade content and international business rules available today. The information covers over 700 restricted party lists from more than 200 countries, making Workseer's trade content and update process the best in the industry.