In the current political climate, financial sanctions continue to create problems for ship owners, operators, financiers and insurers. The maze of UN, U.S., EU and UK sanctions may impact voyage routes and deliveries with potentially serious ramifications.
Commercial Shipping Transactions
Our sanctions lawyers can not only assist with sanctions advice, processes and policies, but can also advise on drafting commercial contracts, financing arrangements, and deals to ensure that the documents address any sanctions-related risks.
Review and Compliance
Our lawyers can assist you to ensure you comply with sanctions requirements. We can conduct an independent review of your business’ compliance policies and controls to ensure they are meeting industry best practices. We can also assist you in developing your compliance programs, and conduct training for your organization, to ensure that you have the necessary tools in place to prevent a breach of sanctions, and to minimize any potential fallout.
Sanctions Disputes
When things go wrong our lawyers can assist you to mitigate any issues that arise from any potential breach of sanctions, or if you suddenly find yourself in breach, including internal investigations and voluntary disclosures. This is particularly important in the current political climate where sanctions are frequently changing and penalties are increasing. Our global sanctions team is supported by a market-leading shipping litigation department to ensure you have full support and industry understanding.
