Posted: 30/05/19 by Northamptonshire Chamber
The Institute of Export & International Trade (IOE&IT) has today (30th May 2019) launched a new ‘Export Control Profession’ at the Department for International Trade’s Export Control Symposium in London. The profession is the latest membership offering from the IOE&IT and is designed specifically for people involved in export and import control and trade sanctions compliance.
The new professional body has been set up in collaboration with Her Majesty’s Revenue & Customs (HMRC), the Export Group for Aerospace, Defence and Dual-Use (EGADD) and the Export Control Joint Unit (ECJU) of the Department for International Trade (DIT) - the UK’s regulator in issues relating to export controls.
The new profession seeks to enable and promote excellence in compliance with export and import control, and trade sanction regulations. Its membership body will represent Export Control Professionals and provide them with essential resources, professional points of contact and learning support.
At the launch of the event, Lesley Batchelor OBE, Director General of the Institute of Export & International Trade, said: “By professionalising the knowledge and skills around export controls, we can ensure better compliance and more confident exporting and importing across the UK. This new professional body will enable people in the industry to share best practice, access relevant information and lean on a support network of fellow professionals.”
Upon the launch of the profession, Ian Davis, Chairman of Rolls-Royce plc, said: “I welcome and support the creation of the IOE&IT’s Export Control Profession. Many organisations rely on professional staff to help them ensure that they comply with national and international laws and regulations on export and import control and trade sanctions. Until now these staff have not had a professional body by which their skills and knowledge are recognised, or to provide structured professional development. This new Profession, supported by the UK regulator, the Export Control Joint Unit of the Department for International Trade, is a major step to help organisations to ensure that their export activities are fully compliant with relevant, prevailing regulations.”
Edward Bell, Head of the Export Control Joint Unit, Department for International Trade, said: “ECJU licenses up to £50 million of exports every working day, enabling UK aerospace, defence, security and other hi-tech businesses to succeed internationally. The UK’s robust system of export controls promotes global security by ensuring a responsible trade in sensitive goods and services.
Expertise in export control requirements and licensing, across industry, ensures compliance with the law and protects business reputation. I am pleased to see this valuable industry led initiative, to enhance the professionalism of people engaged in export control operations and enable them to build recognition for their expertise.”
A win-win for both employers and employees
Members will be able to:
• Obtain professional recognition of their knowledge and competence through designatory letters, which will only be accredited to those with sufficient experience and qualifications;
• Gain professional and career development through a combination of qualifications and a Continuous Professional Development (CPD) programme;
• Enter a support network through which they can connect and share information with other compliance professionals, both home and abroad;
• Access regular bulletins with the latest local, national and international developments in the industry.
Employers will also be able to access the profession through their membership of the IOE&IT, ensuring the competence and knowledge of their staff through the qualifications and CPD programme, thereby reducing their risks of non-compliance and the associated costs of fines and other sanctions. Further, through the new body they will gain access to a pool of accredited export control specialists - a valuable recruitment resource.
You can also watch a webinar run by the IOE&IT on its ‘Open to Export’ platform explaining how the new Profession will operate, at: https://opentoexport.com/webinars/export-controls-why-professional-knowledge-is-needed/
About the Institute of Export & International Trade
The Institute of Export & International Trade’s mission is to enhance the export performance of the United Kingdom by setting and maintaining professional standards in international trade management and export practice. This is principally achieved by the provision of education, training and practical business support services. The Institute has several membership packages, ranging individual level to corporate.
The challenging and often complex trading conditions in international markets mean that our role has never been more vital. The Institute continues to be committed to the belief that real competitive advantage lies in the competence of British businesses. Our future export growth must be underpinned by a sound foundation of knowledge.