Export Control Management

Overview

Export control compliance is a challenging task for exporting companies. They need to pay attention to adhering to numerous regulations which are often complex and change frequently. This includes export control classification, check of sanctions lists and embargos, determination of licensing requirements including license management, as well as check of end use and/or end user. Therefore, commitment to compliance and at the same time an effective risk management require the use of appropriate tools.

MIC's ECM (Export Control Management) allows for central management of all company transactions under export control law and detailed checks of the business transactions with respect to the relevant regulations. Clear status information and comprehensive check reports for each transaction ensure a consistent audit trail. This includes screening of the persons and organizations involved in a given transaction against different sanctions lists, checking of the goods in consideration of dispatch and destination country as well as documentation of end use and end users.

Export control: MIC ECM
  • Central administration of all information relevant for export control
  • Supports both interactive and transaction-oriented real-time screening of transactions
  • Configurable types of transactions (e.g. export, customer visit, data transmission)
  • Embargo check (total embargos and screening based on tariff number, export control classification, country of dispatch and destination, business partners)
  • Check of end user and end use incl. configurable red flag questionnaires
  • Assessment of licensing requirements
  • Assessment of import control regulations
  • ELAN-K2 integration for request of licenses
  • Use of general licenses
  • Administration & monitoring of individual licenses (deadlines, obligations, approved quantities/values, documentation of use, deduction by quantity/value, etc.)
  • Configuration of rules for application of licenses
  • US re-export checks
  • Manual compliance checks
  • Overview of the entire process and thus complete transparency (workflow & escalation management)
  • Interface integration with different ERP systems (e.g. SAP) including blocking of suspicious transactions directly in ERP systems
  • Integration with other MIC modules (MIC DPS, MIC CCS ECC, MIC-CUST® Import and Export)
  • Up-to-date export control content by integration of MIC’s Global Trade Content Service (GTCS) for different countries (e.g. country lists, reasons for control, embargo regulations)
  • Complete audit trail
  • Standard reporting as well as data analytics
Denied party screening: MIC DPS
  • Screening against sanctions lists based on a configurable screening algorithm and configurable screening profiles
  • Supports interactive, transaction oriented real-time screening as well as batch screening
  • Automation by “white lists” and “positive lists”
  • Daily updated content of sanctions lists by integration of MIC’s Global Trade Content Service (GTCS) for EU, US, UN, JP, UK, AU, CA, CH and many other countries
  • Screening against internal “black lists” and keywords
  • Ultimate Beneficial Owner (UBO) screening for more than 200 million companies worldwide with automated interface to the Orbis data base of Bureau van Dijk (BvD). 
  • Integration with MIC-CUST® Export and/or ERP systems (e.g. SAP) for automatic blocking of the consignment in the event of a positive screening result
  • Definition of stop words to be ignored for screening, e.g. GMBH, LTD, LIMITED etc.
  • Comprehensive audit trail of the screening results and decisions including individual documentation (file attachments and comments) as well as standard reports
  • Overview across the entire process and thus full transparency (workflow & escalation management)
Export control classification: MIC CCS ECC
  • Identification of controlled products
  • Management of an unlimited number of export control classifications (e.g. ECCN, German Export List number, relevance for embargo) for each product
  • Workflow management for export control classification tasks
  • Automated and/or semi-automated allocation of export control classifications based on intelligent suggestion logic as well as user-defined selection and matching rules
  • Up-to-date export control commodity list content including correlation tables by integration with MIC’s Global Trade Content Service (GTCS) for multiple countries (e.g. US CCL, EU Dual-Use Regulation, German Export List) 
  • Complete audit trail in the event of changes
Benefits
01 Central administration

of all information relevant for export control

04 Daily updated content

by integration of MIC’s Global Trade Content Service

02 Overview

across the entire process and thus full transparency

05 Ultimate Beneficial Owner (UBO)

screening for more than 200 million companies worldwide 

03 Comprehensive audit reports

for each transaction ensure a consistent audit trail

06 Detailed examination

of business transactions based on relevant export control regulations incl. blocking of suspicious transactions in ERP systems (e.g. finance, logistics) through seamless return interfaces

Resources
Imports and Exports | 17 October 2017
Origin Calculation | 13 October 2017
Imports and Exports | 12 October 2017
News | Export Controls | 10 February 2016
Central Classification | Customer Case | Export Controls | 23 October 2015
News | Export Controls | 1 October 2012
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