Global Export Controls and Sanctions
The global trade environment is becoming more complex.
To address today's trade environment, companies must transform the way they approach export controls and sanctions requirements.
At KPMG LLP (KPMG), our commitment to our clients inspires everything we do. It’s what enables us to deliver innovative and practical solutions to the most difficult export control and sanctions challenges – whether it’s assistance in the design and management of compliance programs or supporting every day operational needs.
The KPMG Global Export Controls and Sanctions group provides support on a wide range of global regulations, including those administered by the U.S. Department of Commerce, Bureau of Industry and Security, U.S. Department of State, Directorate of Defense Trade Controls, U.S. Department of Treasury, Office of Foreign Assets Control, and other government agencies.
Global Export Controls and Sanctions
Our services
We offer a range of services to assist clients in enhancing export compliance processes, including:
Compliance Program Development
Our services are tailored around your unique business needs, helping you comply with export controls and sanctions regulations while facilitating business.
Risk Assessments
We evaluate business activities and internal controls to identify and mitigate risks related to global trade.
Investigation & Remediation
When potential violations occur, we assist investigations through our advanced forensic technology solutions and global reach to help identify issues that may otherwise go undiscovered, especially as it relates to complex global trade and financial networks. Our success is supported by:
- Advanced forensic technology solutions
- Collaboration and support for investigations
- Deeper dives to identify issues and important facts
- Global reach
We also assist organizations with taking the necessary corrective actions by translating legal requirements into practical and executable solutions.
Classifications
Proper jurisdiction and classification is the most fundamental element when complying with export controls and is critical in reducing your company’s risk profile. KPMG supports jurisdiction and classification projects both large and small, helping you identify the export control requirements that apply to your products, software and technology.
Managed Services
The daily volume of international trade transactions can distract compliance professionals from strategy and high-priority issues. Our professionals perform operational tasks including classification, export and deemed-export license management, and restricted party screening “hit” resolution, with our help-desk services addressing your day-to-day challenges. Our ability to scale-up or down according to your changing needs reduces the costs of maintaining idle resources or overwhelming existing resources in times of increased activity.
Training
Based on your unique situation, our training services range from basic to advanced, and may include assessment, design, and execution, tailored to fit your needs.
Restricted Party Screening (RPS) System Optimization and “Hit” Resolution
At the forefront of innovation, KPMG can greatly increase the efficiency and effectiveness of your existing restricted party screening systems using technology and automation solutions to weed out most false-positives alerts, allowing human reviewers to focus on only the higher quality alerts. When added to KPMG managed services offerings above, even more time and expense can be freed and redirected towards core responsibilities.
M&A Pre and Post Deal Due Diligence
Our professionals are skilled in evaluating export compliance and sanctions risks prior to M&A activity and providing post-deal integration support for managing daily activities post-merger, as well as required program enhancements necessary for post-merger integration.
Learn more
Click here to access our brochure. To learn more, contact your local tax advisor, Steven Brotherton at sbrotherton@kpmg.com, or the sanctions mailbox at us-intltaxtcsanction@kpmg.com.
Read the 2021 Export Controls & Sanctions Survey Report
Balancing business priorities and risk realities - Are companies prepared for a complex future?
Balancing business priorities and risk realities - Are companies prepared for a complex future?
Learn more
Key Controls for Export Compliance Programs
BIS Issues Two New Rules with Far Reaching Effect
Teaming with KPMG Forensics
Trade and Customs Services has teamed with KPMG Forensics to help organizations address enforcement of export controls.
Trade and Customs Services has teamed with KPMG Forensics to help organizations address enforcement of export controls.
Learn more
Past publications
In February 2021, KPMG engaged export controls and sanctions professionals at more than 100 multinational firms to gather their input to better understand how export controls and sanctions programs are organized, the most relevant global regulations with which they must comply, the regions/countries they export from and to, and their primary exports, among other items.
Download the polling results on the impact of recent enforcement actions on sanctions compliance programs.
In WorldECR's latest issue, Steven Brotherton and Amie Ahanchian examine data access and protection, and describe the benefits of IAM solutions for export compliance.
