Export Control Compliance Daily.
RespectUs offers a SaaS (Software-as-a-Service) product to exporters of sensitive goods, their suppliers and banks.
All exporters of sensitive items (in Space vertical and other industries) face the challenge to determine the need to apply for and be granted a Governmental license when exporting, importing, transiting, brokering or transferring controlled goods, software and technology. It is their responsibility to obtain the license before proceeding, and if they do not comply with this requirement, they may face heavy administrative and/or criminal sanctions, and civil liability. To answer the question if a license is required, they need to process different checks and screenings: customer, end-use, product and transaction. Currently done mostly manually (or with Excel sheets), RespectUs provide them with a cloud-based platform allowing them to process and duly document and keep records of the checks and screenings.
RespectUs platform will offer:
- Efficient product classification with regard to control lists , and exchange of classification sheets between suppliers and integrators
- Efficient customer and end-use due diligence
- Documentation of an internal compliance program
- Protection against legal fines and/or business suspension
- Productivity gains (time, resources, money)
- Proper determination of license requirement
- Demonstration of overall compliance with export control regulations
PRODUCTS & SERVICES
The RespectUs platform will be composed of different modules, each of them being able to be subscribed to individually:
License Determination. This module uses questions & answers and algorithms to ensure that a company gets to a concrete stage where a relevant answer is found, for a particular transaction, product, customer and end-use, and considering the applicable legislation, to the question if a license is required.
It takes into account information about the range of license types (including individual, global and general licenses) and controlled activities (including export, brokering, transfer and transit), and about the license application procedures relating to the applicable multilateral and national dual-use trade controlsexts and references. It describes administrative and criminal penalties for offenses to export control rules.
Product Classification. Item classification is about determining whether the items are listed. This is done by comparing the technical characteristics of an item against the EU and national military, torture and dual-use control lists. This module helps to understand whether dual-use items, whether a physical product, software or technology, require a license for export.
Customer Screening. This module allows to know the customers and their end-use of the company’s products. It stores customer profiles, due diligence reports, database screenings and end-use statements provided by the customer.
Sanctions & Embargoes. This module processes checks on embargoed, sanctioned or sensitive destinations and entities, and ensure that none of the involved parties (intermediaries, purchaser, consignee or end-user) or products or transactions are subject to restrictive measures (sanctions) by consulting the up-to-date sanctions lists.
End-Use Checks. In this module, platform users document their assessment of diversion risk indicators and of signs about suspicious enquiries or orders. This feature allows to deal with catch-all controls for non-listed dual-use items.
Risk Assessment. The risk assessment allows to determine a company specific dual-use and military trade risk profile. It will help the company to become aware of what parts of its business need to be covered by an internal compliance program and target this program to the company's specific circumstances.
Knowledge Base. This module provides platform users with a complete and detailed overview of the legal framework of export control compliance, with precise legal references and (legally justified) answers to precise questions. It allows keyword search and extend glossaries.
Accessory professional services include: Training. Compliance Audits. License Management. Internal Compliance Programs (ICP). Transaction Structuring. Violations Management
RespectUs is offering consulting services and a SaaS (software-as-a-service) product, that means a cloud-based computing software on a subscription basis and online access only.
SMEs and large enterprises from Space sector. Exporting companies and suppliers from other industries.
MAJOR SPACE PROJECTS
Export Control compliance for Space companies, and their suppliers.