The maritime sanctions and compliance landscape is rapidly evolving. Heightened by the severe ongoing military conflict between Russia and Ukraine, global awareness of this space has substantially increased. The levels of complexity in this space are not to be underestimated. The dynamic nature of the continual changes, coupled with the different organisations involved in implementing sanctions, along with the evolving deceptive tactics being deployed in avoidance attempts are all elements that require suitable consideration.
If companies have an awareness of the evasion methods used and how to identify them, then procedures can be implemented to prevent any involvement in attempted wrongdoings. The use of technology and innovative solutions can be a beneficial aid here. This webinar aims to bring together experts in the maritime sanctions and compliance field to explore and discuss the landscape as a whole, deceptive practices used and how companies can leverage technology to assist in risk mitigation.
The planned discussion will include:
• An understanding of sanctions compliance and why you need an awareness of this space.
• An overview of the maritime sanctions landscape, highlighting some of the deceptive practices that are commonly used in evasion attempts and the consequences of a breach.
• How to create and maintain a sanctions and compliance programme
• Additional aids and tools that can be leveraged to provide effective assistance in risk mitigation against any wrongdoings.
1. Taher Afridi, Deputy Chief Compliance Officer at Marcura. Taher has a range of experience having previously worked in the UAE Military (MoD), UAE Government and Commercial Maritime. He is currently leading the Compliance and Information/Cyber Security teams at The Marcura Group.
2. Tom Barr, Managing counsel at Wartsila. With a range of responsibilities and functions, Tom is responsible for the legal work of Wärtsilä Voyage, the digital part of Wärtsilä’s marine business, and leads the Marine Tech Law team which handles matters relating to digital technologies, data & cyber security. Tom also has significant experience in managing sanctions compliance.
3. Deepak Shetty, Senior Advisor at The Maritime Anti-Corruption Network. Deepak has over 40 years of experience and expertise across government and corporate sectors at both international, regional and national levels.
4. Nick Chubb, Managing Director at Thetius (Moderator). Nick is the Managing Director of maritime innovation enablement consultancy Thetius. The Thetius team works with leading technology companies, maritime businesses, and investors to enable new technologies to flourish in the industry.
Access the recording here:
Thetius exists to enable innovation across the maritime industry. Founded in the UK in 2019, the company helps leading innovators, investors and corporates in the maritime industry to understand and prepare for the future through research, advisory, and talent services.
MCaaS is a maritime compliance solution, providing customers with robust screening services for export controls and sanctions compliance to reduce the hassle, risk and costs associated with compliance.
MCaaS is a part of The Marcura Group. Marcura provides the maritime industry with 24/7 operational support services and specialised cloud-based platforms managed by industry specialists. Marcura delivers voyage-optimising systems and the benefits of scale to over 650 leading maritime enterprises worldwide. Our team of nearly 800 people includes maritime operations specialists, software developers, scientists, engineers and data analysts from 43 different countries – all committed to supporting the frontline of the maritime industry.