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We recently welcomed industry executives from all segments of the transportation and logistics industry to our annual Transportation and Shipping Dinner in Singapore. The entire industry has experienced...

Singapore High Court judgment underlines the importance for all those involved in international trade of conducting sufficient due diligence to ensure compliance with the latest international sanctions.

In recent years, Singapore has become a significant hub for international commerce. According to the U.S. International Trade Administration, the U.S. was Singapore's fourth largest source of imports in 2021...

MAS generally expects financial institutions to have in place processes to effectively detect and manage sanctions-related risks.

Singapore's Court of Appeal ("Court") recently ruled that a bank's determination that a vessel was subject to U.S. sanctions laws and regulations was an insufficient basis for denying payment to a beneficiary on letters of credit for which the bank was responsible.

Complying with sanctions laws can often be problematic. Apart from sanctions imposed by the United Nations Security Council, ...

On 16 January 2016, the JCPOA was implemented in accordance with the Iran nuclear deal concluded on 14 July 2015 as a result of the negotiations between China, France, Germany...

Sanctions imposed by international bodies or individual countries have significant implications for global trade.

There were a variety of developments relating to the export and import of goods in 2022. The developments related to general regulatory changes affecting the export/import...

Post clearance audit function in the Philippines is finally back with the Bureau of Customs (BOC).

If an internally maintained sanctions list returns red flags, but the entity is not on an official sanctions list, is that sufficient to justify activating a sanctions...

In an era of heightened geopolitical tensions, economic sanctions, and natural disasters, international trade faces unprecedented disruptions. Force majeure clauses have become critical risk allocation mechanisms, yet many parties fail to understand their limitations and requirements. This analysis examines why businesses must carefully draft and review these contractual provisions to protect themselves from liabilities arising from circumstances beyond their control.