TBA GroupPort of StocktonTelestackTMS Awards 2023Bühler GmbHGeneva Dry
  • Van Aalst
  • Port of Stockton
  • Cimbria
  • Vigan
  • Sailors Society
  • 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

Better safeguarding measures needed to support cadets at sea

(Posted on 07/05/25)

Cadets are increasingly struggling to complete their cadetships due to a shortage of available placements... Read more


Algoma focuses on reliable service and fleet improvements

(Posted on 07/05/25)

Algoma Central Corporation has reported its results for the three months ended March 31, 2025. Algoma... Read more


ClassNK releases ‘Prime Shipmanagement Guidelines’

(Posted on 01/05/25)

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable... Read more


MCTC ensures quality remains at top of the table amid global tensions

(Posted on 30/04/25)

In the face of unpredictable provisioning costs, port disruptions, and longer lead times MCTC has reinforced... Read more


NORDEN raises full-year guidance for 2025

(Posted on 28/04/25)

On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a... Read more


INTERCARGO welcomes ILO recognition of seafarers as key workers

(Posted on 28/04/25)

The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision... Read more


MMS advises why seafarers must remain vigilant about malaria

(Posted on 25/04/25)

Despite its lack of publicity, malaria remains an ongoing epidemic and a perilous threat to seafarers... Read more


Veson: Bulker S&P activity falls sharply in Q1 2025

(Posted on 22/04/25)

Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with... Read more


Britannia Group announces CEO succession plan

(Posted on 22/04/25)

The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler... Read more


INTERCARGO responds to IMO's decision on GHG reduction measures

(Posted on 15/04/25)

At last week's landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States... Read more


Sailors SocietyCimbriaVan AalstPort of South LouisianaVigan
  • Port of South Louisiana
  • TBA Group

Subscribe to our newsletter

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