Guidance

Updated Price Cap Coalition advisory for the maritime oil industry

An updated advisory issued by the Price Cap Coalition (G7 countries, EU, Australia and New Zealand) to enhance compliance with the price cap.

From:
Office of Financial Sanctions Implementation
Published
21 October 2024

Documents

https://ofac.treasury.gov/media/933506/download?inline

Details

Updated advisory published for the coalition by the Office of Foreign Assets Control (OFAC). Contains recommendations on meeting international obligations, enhancing due diligence around tanker sales, avoiding interactions with sanctioned counterparties, and raising internal awareness.

See the , published October 12 2023.

See also:

  • (Published 1 February 2024)

Updates to this page

Published 21 October 2024

Sign up for emails or print this page

Related content