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Compliance Training Courses Crucial for British Indian Ocean Territory’s Maritime Trade

The British Indian Ocean Territory (BIOT) plays a significant role in global maritime trade, with various cargos moving through its waters 24/7. However, navigating this complex landscape has become increasingly challenging due to the presence of unethical governments and regimes that face international sanctions.

Compliance Training Course

To ensure compliance with these sanctions and prevent unethical practices from undermining global commerce, Informa Connect Academy is offering a comprehensive maritime trade sanctions compliance training course specifically designed for BIOT’s maritime industry stakeholders. This course aims to provide participants with an in-depth understanding of the complexities surrounding maritime trade sanctions, including:

  • The scope and powers of international trade sanction bodies and regimes
  • Best practices for identifying ‘red flags’ of sanction evasion and non-compliance
  • Developing a sanctions compliance programme

Target Audience

This course is essential for anyone involved in BIOT’s maritime trade, including:

  • Ship owners
  • Managers and operators
  • Banks and financial institutions
  • Insurers
  • Charterers
  • Vessel/cargo brokers
  • Bunker traders
  • Craft operators
  • Flag administrators
  • Consignees
  • Terminal/ports operators
  • Inspectors
  • Maritime authorities
  • Law firms
  • 3PL and 4PL operators
  • Trade compliance service providers

Course Details

Through interactive dialogue, problem-solving exercises, and case studies, participants will gain a deeper understanding of:

  • Methodologies used to make ship ownership anonymous
  • Due diligence process
  • Different types of contractual sanction provisions commonly utilized internationally

The course will be delivered by Christopher Lennon, Director of Stone Falcon Corporate and Legal Consulting Ltd, who has 30 years of experience in the oil, gas, and power industry.

Registration

For more information or to register for the course, please submit your details and a member of our team will contact you soon.