Port of South LouisianaPort of StocktonGeneva DrySailors SocietyBühler GmbHTBA Group
  • Van Aalst
  • Port of Stockton
  • TBA Group
  • Cimbria
  • TMS Awards 2023
  • Bühler GmbH

Online seminar for sanctions advice

Online seminar for sanctions advice

(Posted on 23/11/20)

The impact on a company of breaking sanctions, or even being perceived to have broken sanctions, is often severe and can put the company out of business, effectively shutting it out of the financial markets. The Swedish Club has joined forces with Hill Dickinson to host an online seminar aimed at assisting both Club members and others in the shipping community to safely navigate this complex and often opaque area.

Taking place at 09.30 CET on Tuesday 24 November, Navigating Sanctions Due Diligence, will focus on the importance of due diligence and risk assessment. It will shine a light on the impact of the recent Office of Foreign Asset Control (OFAC) and Office of Financial Sanctions Implementation (OFSI) guidance, including the reach of sanctions, assessing counterparty activity and trade sanctions risks, sanctions compliance programmes and procedures, and contractual precautions.

Expert contributors, Siiri Duddington, Partner at Hill Dickinson, and Trudie Protopapas, Senior Associate at Hill Dickinson will explore the issue, providing an overview of best practice and explaining how to mitigate the risks posed by sanctions breaking. Event participants will then be invited to join a discussion forum.

Malin Högberg, Director, Corporate Legal at The Swedish Club, and event moderator says: "The global sanctions landscape has changed a great deal in 2020. The recent OFAC and OFSI guidance is significant in that it represents an attempt by US and UK governments to set out the standards by which the maritime industry will be judged if they are linked to sanctions breaking.

“These advisories are a good starting point for all organisations developing a sanctions compliance program, and this webinar is aimed at exploring their impact, and identifying the due diligence routines that can be applied to any company likely to be affected by sanctions.”

Registration for Navigating Sanctions Due Diligence is free, simply visit The Swedish Club.

Latest News

New Nuclear for Maritime takes centrestage with record attendance

(Posted on 19/06/24)

Over 350 delegates registered for CORE POWER's landmark New Nuclear for Maritime Summit held in London... Read more


AI tools key to the 'urgent action' needed to meet IMO climate targets

(Posted on 19/06/24)

Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI, is championing the rapid,... Read more


Torbjørn Gjervik appointed Western Bulk CEO

(Posted on 19/06/24)

Western Bulk Chartering AS to has announced the appointment of Torbjørn Gjervik as Chief Executive... Read more


INTERCARGO condemns deadly attacks on bulk carriers

(Posted on 14/06/24)

Following news that a seafarer has died and another has been seriously injured in the latest Houthi... Read more


Ecomar delivered to AtoB@C Shipping

(Posted on 14/06/24)

ESL Shipping's subsidiary AtoB@C Shipping has on 13th June taken delivery of Ecomar, which is the third... Read more


GAC to acquire Quadrant Pacific’s ship agency business

(Posted on 14/06/24)

GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market,... Read more


Onboard carbon capture relies on industry collaboration says DNV

(Posted on 07/06/24)

Onboard carbon capture (OCC) is attracting interest within the shipping industry, providing shipowners... Read more


Franman to promote Saudi’s IMI in Greece and Cyprus

(Posted on 07/06/24)

Athens-based Franman, a leading representative and supplier of premium equipment, parts, products and... Read more


Veson: Bulker newbuilding values at 15-year high

(Posted on 01/06/24)

Values for newbuild vessels of 180,000 DWT are up by c.5.45% from USD 66.09 mil to USD 69.63 mil according... Read more


NorthStandard annual review figures verify value of scale and reach

(Posted on 31/05/24)

Global marine insurer, NorthStandard, recorded increases in premium income, investment returns, and... Read more


TelestackVan AalstTMS Awards 2023ViganCimbria
  • Geneva Dry
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping