New Video Series: Global Trade Minutes – Part 1
Restricted party screening is an essential part of trade compliance that every exporter should understand. With penalties for noncompliance including sanctions, fines or even jail time, you can't afford to miss this overview!
Global trade management can be complex…and so can the terminology! We created a series of short videos to help you understand the basics. These videos focus on the key points you should know about restricted party screening, landed costs, duties, tariffs, and incoterms.
In the first video of the series, we explain what a restricted party is, and why Restricted Party Screening (RPS) should be an essential part of your compliance program.
If your company engages in business with a denied party, you can face fines, penalties, a loss of export privileges, and even jail time.
Take a minute to learn more about restricted parties - watch this short video!
Be sure to check back next week for part two of this series, which will focus on landed costs.
Download the related Whitepaper: Six Best Practices to Improve Compliance with a Restricted Party Screening Solution
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Amber Road, now part of E2open | Amber Road provides a single, on-demand platform that automates and streamlines global trade. By helping organizations to comply with country-specific trade regulations, as well as plan, execute and track global shipments, Amber Road enables goods to flow unimpeded across international borders in the most efficient, compliant and profitable way.
