State Dept. Issues New Export Control Risk Matrices for Companies, Universities
The State Department’s Directorate of Defense Trade Controls last week issued two new risk compliance matrices, one for businesses and one for universities, to help them comply with the International Traffic in Arms Regulations. The matrices, which have been under…
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work at DDTC since at least November (see 2211100023), are meant to guide exporters, manufacturers, researchers, academics and others through an assessment of their ITAR export control risks. DDTC said that after using the documents to conduct an ITAR risk assessment, organizations and researchers should “use that data to create an effective and tailored ITAR compliance program and allocate resources as appropriate to prioritize and mitigate those risks.”