Federal
US Compliance Reports – check your business partners more carefully
USA
Companies, their subsidiaries, and others involved in contracts with the US
Defense Dept. [e.g. for supply of products & services to US Navy, Army
or Air Force in sensitive markets such as the Middle East and elsewhere -
especially IT, high end electronics, automation systems, avionics,
sensitive/specialist metals, and other similarly sectors of national concern] must actively check they do not
unwittingly deal with 'proscribed persons or organisations'.
Background:
- Contracts involving transactions of the kind referred to above are
subject to checks under International Traffic in Arms Regulations (ITAR)
through the Directorate of Defense Trade Controls division of the Department of
State, the Office of Foreign Assets Control (OFAC) and the Denied Persons List
(Bureau of Industry & Security); but all US Government Depts. & Agencies have similar
requirements. Required due diligence covers Directors, Officers &
other Executives of business partners who should be checked for relationships
to anyone in Government, whether they have been charged with inappropriate
behaviour, &/or may otherwise be 'proscribed'.
US
organizations may do so by commissioning research from appropriately
experienced & skilled research organisations. DMS Group is one such
organisation.
Specializing
in research of risk relating to dealings with corporations & individuals
since the late 1980's, DMS offers US business enterprises, their
subsidiaries & partners, and Government Departments & Agencies freshly
investigated, in depth 'Federal US Compliance Reports' on companies
& persons in Australia, New Zealand & elsewhere.
Such
reports are available in 100+ other jurisdictions.
In
addition to the broad investigation undertaken by DMS Analysts, the DMS
'Federal US Compliance Report' will specifically: -
- address the issue of
- Whether a supplier or buyer organisation or its'
Directors/Shareholders may be 'proscribed' by the US Government;
- answer questions
raised by you, the client, and on specific request DMS will actually
'certify' results of that research; and
- as a matter of
course, our correspondents monitor USA Government websites, thus keeping
abreast of changing US Government requirements for their national business
enterprises, Government Departments & Agencies.
DMS
Group, including our local Worldwide Reporting Network© Partner, currently is
the only Australian/New Zealand reporting organisation
that caters specifically for this type of investigation in tailor-made reports
for you.
Typical issues USA
organisations ask us to address include: -
·
Documentation, or otherwise, of instances of
improper, unethical or illegal business activity.
·
Evidence of bribes to Government officials by the
company, its’ affiliate(s), Parent or any of its owners, officials, principals,
or any employee.
·
Any relationship to the local government (e.g.
family relationship to highly-placed government officials).
·
Whether any person associated with the company, the
Parent or affiliate(s) holds government positions, represents the local
government in any capacity, or holds a civil service position?
·
Top five customers – who are they (e.g. name,
phone, address, fax).
·
What does the subject do for the customers (i.e.
what products/services are provided to the customer)?
·
Any positive or negative points that might be learned
during the investigation, such as apparent conflicts of interest?
·
Are any sales made by the subject company where the
intended destination of the product(s) is Cuba, Iran, North Korea, Sudan and/or
Syria?
·
Does the subject have a presence [viz. a Sales
Office, any agent/representative, or distributors] in Cuba, Iran, North Korea,
Sudan and/or Syria?
·
What is the subject’s corporate structure - limited
liability entity, partnership, proprietorship, public company, etc?
SUMMARY: - If (a) you are a
member of a US organisation exporting to, or otherwise are involved in relationships
with Australian or New Zealand (or Guam-registered) organisations, or (b) are a
local supplier to US organisations dealing with US organisations supplying the
US Government, DMS Group is perfectly positioned to assist your compliance with
US Government regulations of the kind described above.
NOTE: - DMS Group Pty Ltd is an
accredited provider to numerous Australian State & Federal Government
Agencies.
For more information, or to
discuss your needs with DMS, please e-mail reports@dmsgroup.net
or phone +61294384133 (ask for Michael) with details of your particular
requirements.
