Sanctions Due Diligence – ICSI

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Our goal is to clear vagueness in the field of shipping compliance

Sanctions Due Diligence

Running a due diligence sanctions investigation in conjunction with any one of the following issues:

Identifying if a fixture’s cargo is sanctionable.
Assessing if the entities (i.e., natural and legal persons) involved in a shipment are included in Special Designated Nationals (SDN) Lists and thus they are subject to full blocking sanctions.
Asserting whether the entities of a fixture are subject to Sectoral Sanctions-non full blocking sanctions.
Advising clients with regard to specific sanctions regulations – legal instruments which prohibit certain activities in the shipping industry i.e., OFAC/ OFSI/ EU/ UN sanctions regulations.
Offering an overview regarding sanctions which may apply in specific geographical regions and ports i.e., Iran, Russia, Venezuela, North Korea etc.
Providing a full-scale advice based on the above manifestations which will indicate to the client how these risks will affect the legality of a voyage in question.

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