Defense Consultant Highlights Importance of ITAR Broker Rules

A June 3 blog post by Defense Trade Solutions, a consultant used by the U.S. defense industry, outlines the licensing and recordkeeping requirements, along with a set of best practices, for brokers involved in exporting defense articles and services.

The firm said brokers should make sure they are vetting all parties involved in brokering activities and comparing them against “prohibited lists.” They should also create “robust internal compliance programs to monitor and manage” activities controlled under the International Traffic in Arms Regulations, and they should “regularly review updates” to the ITAR made by the State Department.

Complying with those regulations, outlined in Part 129 of the ITAR, is “not only a legal obligation but also a critical component of maintaining global security and protecting U.S. interests,” the firm said.