United Nations Climate Change
Our aim is to help our clients understand the potential opportunities and challenges that COP25 may have on their business.
EU publishes FAQ in respect of Russian sanctions
Publication | September 25, 2015
On 25 September 2015, the European Commission published a new FAQ on the implementation of the EU’s sanctions regime against Russia pursuant to Regulation 833/2014, setting out the Commission’s understanding of various provisions in the Regulation. It deals with a wide range of matters, many of which will be directly relevant to financial institutions. These include guidance on how the sanctions regime impacts upon financial assistance, trade finance, emergency funding, loans and capital markets. For more information see http://europa.eu/newsroom/files/pdf/1_act_part1_v2_en.pdf.
Recent publications
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IMO 2020 is almost upon us. Readers are well aware of the impending switch to 0.5 percent fuel mandated by Annex VI of MARPOL which will cause an anticipated drop in HSFO demand, the potential hazards of new untested LSFO blends, the concerns around scrubber operations, the debate over open loop versus closed loop, and the myriad of other risks associated with the impending regulatory change.
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