Why is a culture of compliance seemingly more easy to achieve at some companies versus others? Are there basic principles to consider, regardless of the specific regulatory area?
Government regulations don’t always “make sense” to the people that need to follow them. Thus, following the rules and regulations aren’t always easy. And if people across an organization don’t follow the rules…well, that’s where potential risks turn into actual compliance gaps and eventually to violations. Sensible internal “rules” (think: policies, processes, and procedures) that are established with business growth in-mind are the essence of an effective compliance program.
There are three key points that form the basis of an effective compliance program. These apply to the U.S. export control regulations, as much as any other set of federal or state regulations.