Sailors SocietyCleveland Cascades LtdTBA GroupThe Wolfson Centre for Bulk Solids Handling Technology Van AalstBühler GmbH
  • Port of South Louisiana
  • Port of Stockton
  • Sailors Society
  • Cimbria
  • Cleveland Cascades Ltd
  • TOC Events

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

BHP, Oldendorff and GoodFuels complete biofuel trial

(Posted on 15/04/21)

Global resources company BHP, German shipping company Oldendorff Carriers, and advanced biofuels pioneer... Read more


Swedish Club pairs with CWA to reduce claims

(Posted on 15/04/21)

The Swedish Club has partnered with industry leading cargo consultants, CWA International, to develop... Read more


ICS Launches new drug trafficking guidelines

(Posted on 15/04/21)

Criminal gangs are increasingly exploiting merchant shipping to traffic large volumes of illicit drugs... Read more


New security guidance from ICS

(Posted on 11/04/21)

As recent news reports highlight, the shipping industry continues to face threats such as piracy, kidnapping... Read more


Algoma takes delivery of latest Equinox Class bulker

(Posted on 06/04/21)

Algoma Central Corporation, a leading supplier of marine transportation services, has announced that... Read more


Wavespec announces management buyout

(Posted on 06/04/21)

Wavespec, as the last technical entity within Braemar Shipping Services Plc, has announced that it is... Read more


Vaccination lottery for dry bulk sector

(Posted on 31/03/21)

INTERCARGO believes that, once again seafarers are falling victim to the lack of focus and joined up... Read more


Suez demonstrates importance of shipping

(Posted on 28/03/21)

As efforts to refloat the Ever Given continue, the International Chamber of Shipping (ICS) has released... Read more


GTMaritime moves to employee ownership

(Posted on 28/03/21)

GTMaritime has announced that it has transitioned its business to an Employee Owned Trust (EOT), in... Read more


Joint research on autonomous ships risk

(Posted on 28/03/21)

Leading classification society ClassNK has begun joint investigative research with Sompo Japan Insurance... Read more


CimbriaPort of South LouisianaTelestackCoaltrans Global 2021ViganTOC Events
  • Telestack
  • Vigan
  • TBA Group
  • The Wolfson Centre for Bulk Solids Handling Technology

Subscribe to our newsletter

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