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On 21 October 2024, the Price Cap Coalition ("Coalition") issued an Updated Advisory for the Maritime Industry which sets out best practice recommendations for those involved in the trade of Russian origin crude oil and petroleum products. The update also covers OFAC’s Compliance Communiquè on sanctions compliance guidance for the maritime industry issued on 31 October 2024.
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pi_circular Skuld ·2023-10-12

Russian sanctions: Updated Price Cap Coalition Advisory for the maritime industry

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#Compliance & regulation #Geopolitical risk
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