Online Anti-Boycott Training Course
At the government level, a boycott usually refers to the forbidding of commercial or social relations with a specific country, organization or person, typically as a punitive ban or political protest. In resistance to unauthorized boycotts and to reduce participation in such activity, governments and/or other entities are known to establish anti-boycott legislation, along with stiff penalties for non-compliance.
Important to U.S. companies are the anti-boycott laws passed by Congress in the mid-1970s. These laws address foreign governments' economic boycotts of countries friendly to the U.S. — particularly 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).
Compliance with these anti-boycott laws is mandatory for any U.S. company that engages in foreign or interstate commerce. Non-compliance can lead to hefty civil and criminal penalties.
The Cintas, 25-minute Online Anti-Boycott Training Course delivers an overview of U.S. anti-boycott regulations, requirements for reporting and recordkeeping, and potential penalties for non-compliance. The course includes quizzes, news briefs and real-world compliance issues that employees should learn to recognize and respond to in a manner that protects both them and their companies. Topics include:
- Anti-boycott laws — a comprehensive overview
- Understanding the different levels of boycotts
- What conduct is considered prohibited?
- Anti-boycott law violations — recognizing the “red flags”
- What are the reporting requirements?
- Rules for recordkeeping
- What are the penalties for violations?