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INSURANCE AND LEGAL News Archive
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19 April 2024
Venezuela sanctions: Wind down of OFAC’s General Licence 44
As reported in our Weekly News article dated 27 October, on 18 October the United States Office of Financial Control (OFAC) issued...
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28 March 2024
Insurance and Legal Committee meets in London - 26 March 2024
INTERTANKO’s Insurance and Legal Committee met on 26 March under the Chairmanship of Ms Ingela Tengelin, Stena Bulk AB, at...
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15 March 2024
Nigeria Tax – Response from FIRS
INTERTANKO has now received a response from the Nigerian Federal Inland Revenue Service (FIRS) to the letter of 25 January 2024 asking what happens...
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8 March 2024
Sanctions: US Regulators set out obligations of foreign-based persons to comply with US sanctions
On 6 March, the US Department of Justice, the US Department of Commerce and the US Department of the Treasury’s...
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8 March 2024
Nigeria Tax – end of reconciliation period draws near
Following the INTERTANKO engagement with the Nigerian Federal Inland Revenue Service (FIRS) on 20 November, the following concessions were granted:...
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23 February 2024
Oil Price Cap: Per Voyage Attestations now required
Following the issuance of the Coalition Statement on Price Cap Rule Updates on 20 December by the Price Cap Coalition, new rules...
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16 February 2024
Updates to INTERTANKO Model Sanctions Clauses for Time and Voyage Charters and Explanatory Notes
The INTERTANKO Model Sanctions Clauses for Time and Voyage Charters were first published in January 2023 and updated in January...
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2 February 2024
Price Cap Coalition issues oil price cap compliance and enforcement alert
The Price Cap Coalition issued an Alert on 1 February that includes an overview of key oil price cap evasion methods...
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12 January 2024
Nigeria Tax: INTERTANKO FAQs updated
INTERTANKO Nigerian Tax Compliance Review FAQs have now been updated following engagement with the Nigerian Federal Inland Revenue Service (FIRS) on 20 November...
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22 December 2023
Update: New Sanctions Enforcement Measures
The Price Cap Coalition issued a Coalition Statement on Price Cap Rule Updates on 20 December. Revisions to the price...
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