EU Code
EU Export Compliance: Introduction
The European Code of Export Compliance (EU-CEC) aims to encourage the dissemination of best practices and principles in Export Compliance Management as defined in the EU-Export Compliance Framework (EU-ECF) with all EU and non EU actors involved in import / export of goods and services.
This Code describes the guiding principles and practices to promote an European culture of compliance with the rules and laws (Compliance) within the financial, economic, industrial, associative system of private and public sectors.
EIFEC aim to contribute by all appropriate steps to disseminate among the Organizations behaviours of excellence through proper management, transparency and audit of the activities performed in the production and transfer of goods and services.
Principles and Values
EU Export Compliance: Principles and Values
Transparency:
All Organizations act and communicate in a transparent manner, in their relation with EU, member states Institutions and all stakeholders, about operating Export Compliance policy, and the economic, financial and legal implications of each activity undertaken. (Commitment to Transparency)
Compliance:
All Organizations act in conformity and compliance with all EU regulations as well as rules and laws of the EU Member States where business and activity or import and export are having place. (Commitment to Export Compliance)
Accountability:
All Organizations are deem to act acknowledging, assuming responsibility for and being transparent about the impacts of their policies, decisions, actions, products and associated performance.
Consistency:
All Organizations act consistent with prior acts and statements. Organizations must be consistent in applying the Export Compliance principles, methods, practices, and procedures. Organization will ensure that the same rules and behaviors are followed in all activities being reported. If a change is made to an Export Compliance method, the effects of the change must be clearly disclosed.
Effectiveness:
All Organizations undertake to use all its available means, including labor, financial resources, and goods and services either received or created, in such a way as to pursue the Organization’s Export Compliance purposes to the highest degree possible