Preparing Voluntary Self-Disclosures: Requirements, Best Practices, and Pitfalls to Avoid
From time to time, companies may discover that they’ve violated export or economic sanctions and must decide whether or not to self-disclose to the U.S. government agency enforcing the violated regulation. When considering a voluntary self-disclosure (VSD), companies must take into account all facts and circumstances leading to the potential violation, as well as the advantages and disadvantages associated with self-disclosures. This decision may not be an easy one, as frequently top-level executives know very little about export compliance, and some companies may not be certain of the jurisdiction that applies to their products (e.g., whether their products are dual-use or defense).
This webinar will walk you through the basic VSD requirements as stated in the regulations and agency-issued guidance as well as best practices to maximize your chances of obtaining favorable results.
This webinar will cover:
- DDTC, BIS, and OFAC VSD basics and requirements
- Issues affecting all VSDs and how to handle them
- Best practices to obtain favorable results
- Pitfalls to avoid which could complicate your case
- Effective communication with upper management and other key corporate departments
- When not to disclose
- Scope of VSDs
- Gathering and sorting documentation
- Effective VSD investigation stages
- Cases gone wrong
Who should attend this webinar:
- Compliance professionals
- General counsels and in-house lawyers
- Companies undergoing VSDs
- Companies who may be considering submitting VSDs
- Business professionals who may want to gain a better understanding of VSDs
This webinar will provide PowerPoint slides and include live video and commentary from Olga Torres, who counsels clients on compliance with the International Traffic in Arms Regulations (ITAR), the U.S. Export Administration Regulations (EAR), and the various embargo and sanctions programs administered by the Office of Foreign Assets Control (OFAC). She regularly represents clients before the U.S. Department of State Directorate of Defense Trade Controls (DDTC), U.S. Department of Commerce Bureau of Industry and Security (BIS), and the U.S. Department of the Treasury.
Webinar participants are invited to submit questions during the webinar; the final 30 minutes of the webinar will be allotted to answering attendees’ questions. Each registrant will receive a copy of the presentation, certificate of completion, and access to the webinar recording. Register even if you cannot attend; we will send you access to the webinar recording along with a copy of the presentation!
- Internet (broadband recommended)
- Speakers/headset is required to hear the presentation
- Access to your computer to install a small plug-in required by the webinar software
- SEE FULL COMPUTER REQUIREMENTS AND ACCESS REQUIRED DOWNLOADS
Please read the Webinar Terms and Conditions before you register.
Date & Time
July 18, 2019
1:00 PM EDT
1 hour 30 minutes
Comprised of 1 hour of commentary and 30 minute Q&A session
1 Participant: $195.00
2-5 Participants: $146.25 each
(25% discount for all participants)
6 or more Participants: $97.50 each
(50% discount for all participants)
ECoP® EAR or ITAR Renewal Credits