User:Jmiles1107/DTS

Denied Trade Screening is the process of screening those parties involved in an export transaction for the purpose of complying with the safety standards of the U.S. Government. Effective trade screening is not just about denied parties but also denied goods and territories. With 80-plus denied trade lists already published, more items and checks need to be included in the validation process. Plus, more country-specific rules are being applied. In conjunction with new rules and regulations, countries around the globe have their own denied party lists; some of which include:

World Bank Listing of Ineligible Firms

U.S. Bureau of Industry and Security

EU Financial Sanctions Unit

U.S. Food & Drug Administration

United Nations Sanction List

Alqaida and Taliban UN Consolidated List

The Leading Palestinian terrorist Organizations

Office of Foreign Assets Control

International Criminal Tribunal for Rwanda

The U.S. Government restricts all individuals or companies from exporting any service or product to any party contained in a U.S. Government export denial, blocked, and debarred persons lists. The failure to comply with the above regulation is a violation of U.S. law and can result in criminal or civil prosecution, as well as denial of export priveleges.

Every organization is responsible for updating and maintaining information about the parties whom they ship to. The U.S. Government encourages exporters to perform screenings on a regular schedule. Companies, groups, and persons found on the lists are sanctioned by the United States Government and are not allowed to receive exported goods from the U.S. or export goods from the U.S. Informed, voluntary compliance with U.S. export controls by the export trade community is an important contribution to U.S. National Security and a key component of BIS's export administration and enforcement programs. All parties to U.S. export transactions must ensure their exports fully comply with all statutory and regulatory requirements.

Automation
For many companies, effective screening using manual processes is often not possible. What takes several minutes per item can be reduced to a few seconds using appropriate trade screening software. Furthermore, an automated solution reduces the risk of common errors made during export screening such as performing an incomplete search, only screening a few lists, or utilizing only one search method. When using Denied Trade Screening (DTS) software exporters are able to quickly build complex searches in order to easily identify specific denied party results while searching on over 80 global lists. It assures that the products have been properly screened and provides a best effort record that the company did what was expected to ensure the safety and compliance of its products. Using such automation software also frees up supply chain personnel to do more revenue-producing work.

Automated trade screening software simultaneously scans over 80 lists, which consist of more than 68,000 entities. Utilizing a DTS solution organizations have the ability to search on denied parties including individuals, groups, companies, and embargoed countries. With an automated solution, exporters can perform both phonetic (metaphone or soundex) and exact searches through complex algorithms for more accurate results. Furthermore, organizations can screen and record foreign national visitors to office and manufacturing locations to enhance on-site security. When a denied party is screened, detailed information is available on the party such as, Name, Last Current Address, and the Regulation List(s) the denied party is found in. The automated DTS solution also provides a suggested follow up action to report the denied party, as well as creates an audit trail to record the screening of the parties involved in the transaction. Furthermore, new and updated control lists can be accessed on-demand.

Resources
U.S. Customs and Border Protection

Export Control Classification Number

US Census Bureau