Online Anti-Boycott Training Course
A boycott refers to an act of refraining from dealing with or buying from a particular person, organization or country, usually as an expression of political protest. During the mid-1970s, Congress passed anti-boycott laws to address foreign governments' economic boycotts of countries friendly to the U.S. — specifically, the Arab League's boycott of Israel. The laws are administered by the federal Office of Antiboycott Compliance (OAC) of the Bureau of Industry and Security (BIS), an agency of the U.S. Department of Commerce, pursuant to the Export Administration Regulations (EAR).
Every U.S. company that engages in foreign or interstate commerce must comply with anti-boycott laws. Violations of these laws can lead to substantial civil and criminal penalties.
Online Anti-Boycott Training Course Summary
This 25-minute course provides an overview of U.S. anti-boycott regulations, their reporting and recordkeeping requirements, and the possible penalties for violations. It includes pop quizzes, news clippings and a final quiz highlighting real-world compliance issues that employees should learn to spot and respond to in a way that will protect themselves and their companies. The topics covered in the course include —
- Overview of anti-boycott laws
- Levels of boycotts
- Prohibited conduct
- "Red flags" of possible anti-boycott law violations
- Reporting requirements
- Penalties for violations