An article recently published in the June 2021 edition of Compliance Today provides guidance related to compliance with Export Administration Regulations. Healthcare businesses and research organizations, including health systems that engage in foreign transactions or conduct clinical research trials, should implement an export compliance program to ensure compliance activities meet regulatory demands. PYA’s Chief Compliance Officer Shannon Sumner and Principal Lori Foley, along with Taryn Schraad, President and Founder of BAC10 Solutions LLC, give an overview of these compliance programs and help healthcare businesses navigate these highly regulated, and often risky transactions.
Secure trade and distribution practices, coupled with effective export management and compliance programs, can reduce inappropriate export and reexport diversion and ensure that your products and information will support legitimate global trade movement.
Read the full article, “In Shape for Shipping Out? Establishing an Export Compliance Program,” here.
Copyright 2021 Compliance Today, a publication of the Health Care Compliance Association.
If you have questions about export compliance programs or would like assistance with any matter involving compliance, valuation, or strategy and integration, contact a PYA executive below at (800) 270-9629.