Coaltrans Asia 2021CimbriaBühler GmbHCleveland Cascades LtdTelestackPort of Stockton
  • The Wolfson Centre for Bulk Solids Handling Technology
  • TOC Events
  • Coaltrans Asia 2021
  • TMS Awards 2021
  • Telestack
  • Cimbria

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

Pacific Basin to offer customers carbon neutral voyages

(Posted on 02/12/21)

Hong Kong-based Pacific Basin Shipping Limited has announced the launch of its PB Carbon Neutral Voyage... Read more


DNV support for remote control shipping operations

(Posted on 30/11/21)

Classification society DNV has introduced the shipping industry’s first competence standard for... Read more


INTERCARGO: Submission to IMO’s MEPC 77

(Posted on 25/11/21)

At the International Maritime Organization’s Marine Environment Protection Committee meeting this... Read more


Swedish Club members support online loss prevention training

(Posted on 25/11/21)

The Swedish Club has launched a new online training programme, aimed at delivering proactive loss prevention... Read more


Leading ship manager opens office in Hamburg

(Posted on 25/11/21)

Synergy Group, one of the world’s leading ship managers, has further expanded its global footprint... Read more


ABB to equip 12 Himalaya Shipping bulk carriers

(Posted on 18/11/21)

ABB's equipment package for Himilaya Shipping's ultra large bulk carriers will feature innovative shaft... Read more


Shipping needs ringside seat at debates says InterManager

(Posted on 18/11/21)

Shipping needs a “King Arthur-style” round table of many relevant bodies to fully represent... Read more


Anglo American aims for carbon neutral shipping

(Posted on 11/11/21)

Anglo American has set an ambition to achieve carbon neutrality across its controlled ocean freight... Read more


CSM’s new mental health initiative

(Posted on 11/11/21)

Columbia Shipmanagement (CSM) has announced it is furthering its efforts to promote crew positive mental... Read more


INTERCARGO: global challenges require global solutions

(Posted on 08/11/21)

As the world considers the harsh realities highlighted by COP26, INTERCARGO warns that shipowners can... Read more


Sailors SocietyTOC EventsTMS Awards 2021TBA GroupThe Wolfson Centre for Bulk Solids Handling Technology Port of South Louisiana
  • Van Aalst
  • 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