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sanctions

US regional banks seek collective answers to trade finance...

US regional banks are exploring closer collaboration as changing trade flows, correspondent banking pressures and rising client demand reshape the trade finance market. Bankers speaking at a recent industry roundtable said internationally active middle-market companies are facing a more complex...

#correspondent banking#Letters of Credit#middle-market exporters

FCA warns firms to strengthen sanctions compliance controls

The Financial Conduct Authority has warned financial institutions that sanctions compliance remains an area of significant supervisory focus, as geopolitical…

#compliance#FCA#risk management


Trade investigations create new compliance challenge for exporters and...

Governments are increasingly using trade investigations as a foundation for retaliatory measures, creating a more complex compliance environment for exporters,…

#compliance#exporters#sanctions


US strikes near Hormuz raise fresh commodity finance risk

Fresh US military strikes near the Strait of Hormuz have added a new layer of uncertainty for commodity finance markets…

#commodity finance#sanctions#shipping risk


Force majeure disputes rise as Middle East conflict tests...

Commodity traders are facing growing legal and financing risk as the Middle East conflict tests force majeure clauses and performance…

#commodity finance#force majeure#Middle East


Letters of credit return as trade disruption raises payment...

International banks are seeing renewed demand for letters of credit as companies seek stronger payment protection during a period of…

#banks#Letters of Credit#payment risk


US extends Russian oil waiver as Iran conflict squeezes...

The US has granted a 30-day extension allowing countries to import Russian oil already in transit at sea, highlighting how…

#commodity finance#energy security#oil trade


Commodity finance pressure grows as Gulf trade disruption enters...

Commodity finance markets are facing mounting pressure as disruption linked to the Gulf crisis moves from short-term volatility into a…

#commodity finance#Gulf crisis#LNG


Canadian export controls expansion raises compliance concerns for manufacturers

Canada is consulting on expanded export controls covering advanced semiconductors and manufacturing technologies, adding fresh compliance pressure for exporters and…

#Canada#compliance#export controls


EU appetite for Russian-origin fuel exposes sanctions pressure in...

European buyers are continuing to show appetite for Russian-origin fuel despite sanctions pressure, underlining the compliance challenges facing commodity traders,…

#commodity finance#compliance#EU


Chinese refiners cut runs as sanctions pressure intensifies

Several Chinese independent refiners are reducing processing activity as sanctions pressure, freight disruption and rising crude costs squeeze margins across…

#China#commodity finance#oil trade


OFAC targets Iran-linked tankers and shipping firms in fresh...

US authorities have added a fresh group of Iran-linked shipping companies and tankers to the sanctions list, increasing compliance pressure…

#commodity finance#compliance#Iran

Sanctions delays leave $88.9mn in non-payment insurance claims in...

Sanctions licensing delays left $88.9mn of non-payment insurance claims unpaid on time last year, adding a new layer of uncertainty…

#claims#compliance#non-payment insurance

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