The Lloyd’s List Podcast: Why shipping is not going to get any sanctions risk relief

Don’t mistake the anticipated lifting of Iranian sanctions for an easing of compliance risk. For those banks and insurers seeking to apply transparency to the opaquest end of seaborne trade, many are only just realising how far they still need to go in order to mitigate the risk that the Trump era in some way helped expose. For shipping that means more investment in due diligence and surveillance. Talking to Lloyd’s List editor Richard Meade on this week’s edition about how shipping can navigate the murky waters of sanctions risk and compliance are: Amalie Korning Wedege, head of sanctions compliance at Danske Bank and Leigh Hannson, a partner at the law firm Reed Smith specializing in sanctions compliance for shipping Access the new standard in sanctions compliance risk analysis. Seasearcher Advanced Risk & Compliance gives you insight previously unattainable, enabling you to save time and effort completing sanctions compliance checks, investigations and monitoring vessels for illicit activity. https://www.lloydslistintelligence.com/services/data-and-analytics/advanced-risk-and-compliance?utm_medium=referral&utm_source=productsite_lloydslist