Russian Sanctions
Sanctions Clauses – Here to Stay, so How to Deal with Them?
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
US Takes Sweeping Action against Russian Banking System
Seeking to further eliminate options for Russia’s use of the international financial system, the US Treasury’s Office of
Navigating turbulent waters: The Red Sea crisis and its impact on the fight against financial crime
Houthi attacks in the Red Sea have led to major disruptions in global trade routes. With increased criminal activity and reduced visibility, banks are under increased pressure to meet sanctions and counter terrorism requirements.
Vessel Due Diligence: The Need to Treat Vessel Screening as a Key Internal Control
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
Vessel Due Diligence: The Major Sanctions Risks FIs Face
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
