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An Export Compliance Policy sets clear rules for how a company handles international shipments while following Singapore's Strategic Goods Control laws and customs regulations. It guides staff on properly screening trade partners, checking restricted items, and managing export documentation to prevent illegal trades or sanctions violations.

Beyond just following the law, this policy helps Singapore businesses protect their reputation and maintain trusted trader status with Singapore Customs. It typically includes procedures for product classification, restricted party screening, and steps to handle red flags in international transactions. Staff training requirements and internal audit processes are also key components.

Companies need an Export Compliance Policy when they start shipping goods internationally from Singapore, especially those dealing with technology, dual-use items, or strategic goods. This policy becomes essential once your business handles regular cross-border transactions or plans to expand into new overseas markets.

The policy proves particularly valuable during customs audits, when applying for Singapore's Secure Trade Partnership certification, or when establishing new international business relationships. It's also crucial for companies in highly regulated industries like electronics, chemicals, or defense equipment, where export controls are strictly enforced and penalties for non-compliance can be severe.

• Basic Export Compliance Policies focus on general trade controls and documentation requirements for standard goods
• Strategic Goods Policies include additional screening protocols and licensing requirements for controlled items under Singapore's Strategic Goods Control Act
• Technology Transfer Policies specifically address software, technical data, and intangible exports
• Industry-Specific Policies incorporate unique requirements for sectors like aerospace, chemicals, or electronics manufacturing
• Multi-jurisdictional Policies cover requirements across multiple trading partners, particularly useful for companies operating throughout ASEAN

• Export Control Officers: Develop and maintain the Export Compliance Policy, conduct risk assessments, and oversee daily implementation
• Senior Management: Approve the policy, allocate resources, and demonstrate commitment to compliance through active oversight
• Shipping Department Staff: Apply policy guidelines when processing international shipments and maintaining export documentation
• Sales Teams: Screen customers against restricted party lists and ensure transactions comply with policy requirements
• External Auditors: Review policy implementation during trade compliance audits and Singapore Customs assessments

• Product Analysis: Create a complete list of your export items, identifying any strategic goods or controlled technology
• Trade Partners: Document all countries you export to and compile details of regular trade partners
• Regulatory Review: Gather Singapore's Strategic Goods Control Act requirements and relevant international trade regulations
• Internal Processes: Map your existing export procedures, including documentation and screening methods
• Staff Roles: Define key responsibilities for export control officers, shipping staff, and management
• Risk Assessment: Identify potential compliance risks in your export operations and planned mitigation steps

• Policy Statement: Clear commitment to comply with Singapore's Strategic Goods Control Act and export regulations
• Scope Definition: Products, technologies, and activities covered under the policy
• Screening Procedures: Detailed processes for restricted party screening and product classification
• Documentation Requirements: Export permits, licenses, and record-keeping obligations
• Staff Training: Mandatory training requirements and competency assessments
• Violation Reporting: Procedures for reporting and handling compliance violations
• Review Process: Regular policy review schedule and update procedures

An Export Compliance Policy differs significantly from a Compliance Policy in several key aspects. While both documents address regulatory compliance, their scope and application serve distinct purposes in Singapore's business environment.

• Scope and Focus: Export Compliance Policies specifically target international trade activities and strategic goods control, while general Compliance Policies cover broader organizational compliance across all operations
• Regulatory Framework: Export Compliance Policies align directly with Singapore's Strategic Goods Control Act and customs regulations, whereas Compliance Policies typically address multiple regulatory frameworks
• Implementation Requirements: Export policies require specific screening procedures, licensing protocols, and trade documentation, while general compliance policies focus on internal controls and corporate governance
• Target Users: Export policies primarily guide shipping departments and trade compliance teams, while general compliance policies apply to all employees across the organization