Trade Compliance Programs

Trade compliance programs are organizational systems and policies designed to ensure a company's international trade activities adhere to all relevant laws, regulations, and standards. They help prevent illegal or risky practices such as importing or exporting restricted goods, undervaluing shipments, or violating sanctions. These programs involve procedures like proper documentation, staff training, and audits, aiming to facilitate smooth international trade while avoiding penalties, delays, or reputational damage. Essentially, they ensure that a company's global business operations are lawful, ethical, and aligned with government requirements.