Partner Bruce Paulsen will speak on a webinar titled, “OFAC Alert on Russian Oil Price Cap Enforcement & Evasion Implications,” alongside Mrs. Claire O’Neill McCleskey, Assistant Director, Compliance, Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, on April 20, 2023, at 10:00am EST.

In light of the Office of Foreign Assets Control’s (OFAC) April 17, 2023 publication of an alert to warn U.S. persons about possible evasion of the Russian Oil Price Cap, this live webinar will provide a timely discussion with OFAC on the details of the alert, and regarding structure, implementation, monitoring and enforcement issues related to the Russian Oil Price Cap.

The discussion will also review potential deceptive practices and evasion attempts and will provide to shipowners, protection and indemnity clubs, flagging registries and commodities brokers/traders recommended measures to ensure Price Cap Compliance.

Click here to register for the complimentary webinar.