Explain Compliance Management?

1.	Explain Compliance Management?
Answer» Compliance Management contains functions relating to import and EXPORT control regulations. This feature allows you to monitor PROCEDURES that are SUBJECT to licensing requirements and to comply with INTERNATIONAL LEGAL regulations which prevent and/or restrict trade with individuals, groups and individual countries. Three main areas of Compliance Management are: Sanctioned party list screening Legal control – export (including embargo checking and license management) Legal control – import (including embargo checking and license management) Compliance Management contains functions relating to import and export control regulations. This feature allows you to monitor procedures that are subject to licensing requirements and to comply with international legal regulations which prevent and/or restrict trade with individuals, groups and individual countries. Three main areas of Compliance Management are:

Answer»

Compliance Management contains functions relating to import and EXPORT control regulations. This feature allows you to monitor PROCEDURES that are SUBJECT to licensing requirements and to comply with INTERNATIONAL LEGAL regulations which prevent and/or restrict trade with individuals, groups and individual countries.

Three main areas of Compliance Management are:

Sanctioned party list screening
Legal control – export (including embargo checking and license management)
Legal control – import (including embargo checking and license management)

Compliance Management contains functions relating to import and export control regulations. This feature allows you to monitor procedures that are subject to licensing requirements and to comply with international legal regulations which prevent and/or restrict trade with individuals, groups and individual countries.

Three main areas of Compliance Management are:

Explain Compliance Management?

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