➡️ The announcement comes as Russia attempts to circumvent imposed sanctions through the development of a shadow fleet.
➡️ The taskforce brings together the UK Government, academics, and private sector experts to assess the current maritime sanctions regime against Russia.
➡️ The task force aims to bolster the impact of maritime sanctions to ensure they achieve their intended objectives.
✅ Sanctions officers should review their maritime sanctions controls to ensure they are robust and aligned with the latest relevant lists, in accordance with the firm’s policy.