On May 14th, the U.S. Departments of State and the Treasury and the U.S. Coast Guard released a comprehensive Global Sanctions Maritime advisory, outlining the compliance measures the U.S. Government expects financial institutions and corporations in the maritime sector to put into place to limit sanctions risk. These new expectations raise the compliance bar substantially and are relevant to financial institutions, shippers, manufacturers, commodity traders, and insurance providers.
Understanding these increased obligations will be critical to protecting companies from sanctions exposure, in a sector that U.S. Government officials have described as the “artery of sanctions evasion.”
This webinar will provide an overview of this guidance, including sanctions red flags and typologies contained in the report, as well as known deceptive shipping practices. It will also provide an explanation of the U.S. Government’s new compliance expectations for companies operating throughout the maritime sector and how to best meet these expectations. The discussion will include a case study on AIS tracking technologies, click here for more details.
- Eric Lorber, Vice President, K2-FIN
- Ron Crean, Vice President – Commercial, Windward
- Juan Zarate, Global Co-managing Partner and Chief Strategy Officer, K2-FIN
This webinar is exclusive to the DOLFIN platform. For more information on accessing the webinar or how DOLFIN can help your organization please contact us here.
Finding this content useful?
DOLFIN is the premier portal for financial crimes and sanctions compliance. You can learn more here, or if you want to see it in action, schedule a demo or request a free trial.
Apply now for access to our extensive set of resources and keep you and your company informed on the latest regulations and sanctions and build your financial integrity.