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sanctions

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, banks and insurers. Russian-origin fuel can move through complex trading chains, blending arrangements and third-country refining routes. That makes it...

#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


US steps up scrutiny on oil trade as sanctions...

US authorities are tightening scrutiny on oil trade flows as concerns grow over sanctions exposure linked to complex global supply…

#commodity finance#compliance#oil trade


UAE trade finance loans linked to alleged $300m Libya...

Allegations that up to $300m in trade finance loans were used to support military operations in Libya are raising serious…

#compliance#financial crime#Libya


Global trade flows adapt as sanctions reshape commodity financing...

Global trade flows are continuing to adapt as sanctions reshape commodity financing routes, with traders and financiers adjusting structures to…

#commodity finance#oil trade#sanctions


UK Supreme Court: banks can refuse LC payments due...

The UK Supreme Court has ruled that banks can refuse to make payments under letters of credit where sanctions restrictions…

#LC#Letters of Credit#sanctions

Reserve Bank of India takes action against four NBFC

The Reserve Bank of India has yesterday, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of…

#Pricing Policy#Regulated Entities#regulatory

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