Parisa Salehi wrote in Corporate Compliance Insights about six steps exporters should take to ready their due diligence, documentation, and escalation for closer scrutiny. Her article focused on key takeaways in light of a recent audit by the U.S. Department of Commerce Office of Inspector General.

"A recent audit by the U.S. Department of Commerce Office of Inspector General (OIG) found that the Bureau of Industry and Security (BIS) was not effectively monitoring certain post-shipment verifications involving exports to China and Hong Kong and recommended stronger oversight and accountability measures," Parisa wrote. "The BIS concurred with the recommendations and is working to implement corrective actions."

"For companies operating in global supply chains, the practical takeaway is straightforward: When an inspector general identifies oversight weaknesses in a national security program, agencies typically respond with increased monitoring, enhanced accountability, and greater enforcement attention," she wrote.

Click here to read the full article: When Oversight Findings Lead to More Oversight: An OIG Report on China Exports

Corporate Compliance Insights (CCI) is an independent news source for compliance, ethics, risk & information security. It is a forum for knowledge-sharing and a publishing platform for established and emerging voices in governance, risk, and compliance.