DBT and OFSI publish guidance on countering Russian sanctions evasion for fright and shipping sector
The Department for Business & Trades and the Office of Trade Sanctions Implementation has published detailed guidance for the freight and shipping sector on preventing Russian sanctions evasion. The guidance is designed to help businesses identify common methods of Russian circumvention and reduce the risk of becoming targets for those attempting to evade sanctions. The guidance specifically targets freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other companies facilitating the movement of goods and is an integral part of the UK government’s boarder framework of embargoes and trade sanctions.