By Maya Lester KC & Michael O’Kane

OFAC publishes guidance on DPRK illicit shipping practices and designates 2 entities

OFAC has published updated guidance for the global shipping industry on North Korea’s “illicit shipping practices”. It focuses on practices such as ship-to-ship transfers of petroleum and coal and falsifying cargo and vessel documents to evade international sanctions. Risk mitigation measures for the industry are also provided, as well as an overview of current sanctions regimes and designation lists relevant...

This content is for subscribers only

To continue reading please login or subscribe.

North KoreaNorth Korea United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: