I recently authored an article for World Pipelines providing guidance on compliance challenges in the oil and gas industry.

In the article, I highlighted areas of potential international trade regulatory risk including anti-bribery and corruption, economic sanctions, and export and import controls. The article outlines best practices for mitigating each type of risk and emphasizes that efforts to comply with regulations should not be seen as a burden but a core aspect of operational integrity.

“By investing in robust systems, continuous training, and a culture of ethical behavior, companies can turn compliance into a source of resilience and competitive advantage,” I explained. “Ultimately, the cost of non-compliance – in the form of fines, reputational damage, and lost opportunities – far outweighs the investment required to build an effective compliance program.”

The full article, “The American Compliance Frontier,” was published July 14 in World Pipelines and is available online.

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Photo of Thad McBride Thad McBride

Thad McBride advises public and private companies on the legal considerations essential to successful business operations in a global marketplace. He focuses his practice on counseling clients on compliance with U.S. export regulations (ITAR and EAR), economic sanctions and embargoes, import controls (CBP)…

Thad McBride advises public and private companies on the legal considerations essential to successful business operations in a global marketplace. He focuses his practice on counseling clients on compliance with U.S. export regulations (ITAR and EAR), economic sanctions and embargoes, import controls (CBP), and the Foreign Corrupt Practices Act (FCPA). He also advises clients on anti-boycott controls, and assists companies with matters involving the Committee on Foreign Investment in the United States (CFIUS). Thad supports international companies across a range of industries, including aviation, automotive, defense, energy, financial services, manufacturing, medical devices, oilfield services, professional services, research and development, retail, and technology. Beyond advising on day-to-day compliance matters, Thad regularly assists clients in investigations and enforcement actions brought by government agencies, including the U.S. Department of Justice (DOJ), the U.S. Treasury Department Office of Foreign Assets Control (OFAC), the U.S. State Department Directorate of Defense Trade Controls (DDTC), Customs and Border Protection (CBP), the U.S. Commerce Department Bureau of Industry & Security (BIS), and the Securities & Exchange Commission.

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