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Advancing Strategic Trade Compliance in Singapore

The Centre for Trade Excellence, in collaboration with the Singapore Business Federation, hosted a seminar in Singapore on Trade Compliance and Export Control, bringing together senior experts, practitioners, and regulators to deepen understanding of the evolving global trade regulatory landscape.

Held amid growing geopolitical complexities and increasing scrutiny on strategic trade, the seminar provided a timely platform for dialogue on regulatory developments in the United States, China, and Singapore, with a particular emphasis on export control compliance, sanctions regimes, and trade governance.
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Key Highlights and Takeaways
Participants engaged in rich discussions around best practices, enforcement expectations, and practical measures to fortify trade compliance frameworks. Notable insights included:

Deploying Technology with Vigilance
The integration of automated screening systems was underscored as a key compliance enabler. However, experts cautioned against overreliance, stressing the importance of continuous oversight and contextual judgment.
Understanding What You Trade and With Whom
Emphasis was placed on product classification, technology sensitivity, and conducting thorough due diligence on both customers and supply chain partners—core practices in identifying and mitigating exposure to export control violations.
Building a Culture of Compliance
A proactive compliance culture, anchored in robust training programs, was identified as a critical defence. Organisations must empower employees to detect red flags and respond swiftly to potential breaches.
Institutionalising Internal Audits and Self-Disclosure Protocols
Structured internal audit processes were recommended as essential mechanisms to detect historical non-compliance and support timely voluntary self-disclosure where appropriate.

We were privileged to hear from industry experts who provided perspectives on export control strategies and technology-driven compliance solutions as well as Mr Mohamed Feroz, Deputy Head of Trade Security Branch (Singapore Customs), who outlined Singapore’s Export Control Regime.
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We extend our sincere thanks to our distinguished speakers, the engaged participants, and our co-organising partner, the Singapore Business Federation, for making this seminar a success.

This seminar directly supports the Centre’s core focus on Strategic Trade Controls & International Security by enabling knowledge-sharing on export control compliance, promoting best practices, and fostering cross-sector collaboration. It also strengthens regional capacity to navigate shifting geopolitical and regulatory risks with integrity and resilience.
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We extend our appreciation to our speakers, partners, and participants for their contributions to a productive and forward-looking discussion. Let’s continue fostering dialogue and collaboration to build a more resilient and compliant trade ecosystem.

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