1. Regulatory Environment
Students will recognize the obligations of the EU and the Member States arising from international conventions and identify their impact on corporate practice. Students will learn how to correctly interpret prohibitions, restrictions, conditional or licensed activities imposed by international organizations (WTO, OECD, UN, etc.) and to align them with company contracts, documentation, and reporting. Familiarity with regulations of the financial sector (banks, insurance companies, etc.), will allow students to optimize costs and processes.
Students will become acquainted with the European Union's "Foreign Trade Policy" and the induced administrative and corporate tasks. They will be qualified to strategically plan a company’s foreign market networks, analyze the risk from existing contract portfolios, and to manage R & D & I activities taking into account all security aspects.
2. Export Control
Students will be able to compile the appropriate corporate licensing documentation and create the necessary internal processes. The methodology of effective control of and prevention systems will allow students to be able to continuously monitor the “compliance” risks in transactions, in terms of sanctions, financial losses, legal-ethical non-compliance, and the violation of business (research) secrets. Students will learn how to use the Catch-All Rule to develop “Red Flags” and the KYC method for companies’ foreign market relations.
Students will be able to build up an integrated risk management system for foreign markets. Students will learn to manage security-related licensing and control legislation, and thus, operate a closed monitoring system in the company, especially in the areas of HR, IT, and logistics.
3. Liability of the exporter
Students will learn to recognize the civil and criminal liability issues arising from the EU Customs Code, and its arrangements. Through case studies, students will predict the cost and human resource needs of the respective measures and consequent damage. Students will be able to interpret the data set of shipping documents.
Students will understand the intrinsic meaning of the term “compliance” in assembling a manual that includes all the necessary definitions for company owners to adhere to in terms of ethical standards in international transactions, complying with the law, and internal rules.
By analyzing the “Best Practice” of other companies, students will be prepared to define a company-specific “risk path” (so-called flowchart) to identify breakpoints and hold corporate training for groups affected by risk situations.
4. Self-assessment system
Students will become familiar with the European Union AEO self-assessment system, aspects of the licensing process, and individual stages. Students will be able to compile company documentation conforming to AEO criteria and develop and analyze KPI indicators. Students will be able to review their corporate (financial, logistics, data management) processes.
5. Incoterms and customs security requirements
The International Chamber of Commerce's Incoterms must be integrated from a security perspective, it has become a leadership and management skill to learn how to construct protocols that guarantee compliance-based decision-making and a goal-oriented process.