Online Seminars

Managing directors and board members are personally liable for breaches of foreign trade law arising from the company’s organisational deficiencies. This liability cannot be delegated. Management has four core responsibilities: organisation, personnel selection, information dissemination, and monitoring. These duties and their fulfilment must be integrated into the company’s internal export control processes. Only then can sanctions for misconduct be avoided or at least mitigated. Recent rulings show that ignorance is no defence against penalties, and that authorities and courts interpret compliance liability very broadly. Therefore, robust risk management and a well-structured internal export control system are essential for the effective management of export controls within a company.