A statement from senior management regarding corporate export and trade controls compliance policy, which addresses compliance with US export and sanctions laws and regulations, including the Export Administration Regulations (EAR), the International Traffic in Arms Regulations (ITAR), the Foreign Trade Regulations (FTR), US trade and economic sanctions administered by the US Treasury Department's Office of Foreign Assets Control (OFAC), and the antiboycott laws administered by both the Office of Antiboycott Compliance (OAC) within the Bureau of Industry and Security (BIS) of the US Commerce Department and the Treasury Department's Internal Revenue Service. This Standard Document has integrated notes with important explanations and drafting tips.