Risk Mitigation Export Compliance

Case Study


Between January 2007 and August 2007, Intevac, Inc. provided technology subject to the Export Administration Regulations (EAR) to a Russian individual employed at its Santa Clara, California facility. This included releasing drawings, blueprints for parts, and identification numbers for parts, as well as development and production technology classified under ECCN 3E001, without obtaining the necessary license from the Bureau of Industry and Security (BIS). Intevac acknowledged these violations voluntarily -

The Penalty : On February 19, 2014, Intevac, Inc. consented to a civil penalty of $115,000 and actively cooperated with the ensuing investigation.

With our extensive expertise in risk mitigation, we recognize the critical role of export compliance in global trade. Our program is meticulously crafted to shield your business from potential risks and ensure strict adherence to regulatory requirements.

Our approach is a collaborative one, starting with a comprehensive risk assessment led by our designated compliance officers and senior management. We then join forces with your team to foster a culture of compliance commitment and provide extensive training to enhance awareness across your organization.

Prior to any transactions, conducting risk assessments is a crucial step in identifying preventable risks that could potentially harm your reputation and business. Our program is designed to help you spot and mitigate risks early on, thereby saving you valuable time and resources in the long run.

Elements of an Effective Export Compliance Program

By choosing to partner with Pheonix Global, you not only demonstrate a commitment to regulatory compliance but also protect your business from financial, legal, and reputational repercussions. Don't wait until it's too late – invest in our export compliance program today to secure the future of your business interests.

Phoenix Global Can help you create an Effective Compliance Program to avoid for falling to these costly mistakes.

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