While the US Export Control Reform (ECR) Initiative starts to become effective, compliance grows more complex and risk exposure tends to be extended to new actors. Pervasive, complicated and characterised by extraterritorial outreach, US export controls place restrictions on broadly defined “exports” of items, software and technology and can affect American and foreign entities alike. More than ever it is critical that these requirements are well known and thoroughly understood by the European exporters, and that effective and updated internal compliance programs are adopted.
This handbook offers exporters guidance to understand export restrictions, to find answers to their questions, and better manage their compliance obligations.