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9 Apr 2024, 3:34 am by Rob Robinson
The International Maritime Organization’s (IMO) cybersecurity guidelines encourage shipping companies and vessel operators to address cybersecurity risks and implement measures to protect their assets, as do frameworks and guidelines from additional regulatory bodies. [read post]
8 Mar 2024, 5:06 am by Thor Maalouf and Julia Norsetter
  This will require the adoption of regulatory standards across the industry; an issue rife with complicating factors like rapidly advancing technology and existing maritime conventions. [read post]
10 Jan 2024, 9:01 pm by renholding
Senate Committee on Homeland Securities & Government Affairs, “Use of Cryptocurrency in Ransomware Attacks, Available Data, and National Security Concerns” (May 24, 2022), available at https://www.hsgac.senate.gov/wp-content/uploads/imo/media/doc/HSGAC%20Majority%20Cryptocurrency%20Ransomware%20Report_Executive%20Summary.pdf [read post]
9 Oct 2023, 7:19 am by Eleni Pilaviou and Nick Austin
The global shipping industry is the backbone of international trade, connecting economies and facilitating the movement of goods. [read post]
  The panel’s consensus was that the industry’s approach is mixed and there is widely debated confusion over a range of new regulations from the International Maritime Organization (IMO). [read post]
18 Sep 2023, 7:50 am by Ted Parson
This pollution has to be cleaned up—and is being cleaned up—notably via the recently enacted tightening of restrictions on the sulfur content of marine bunker fuels adopted by the IMO. [read post]
29 May 2023, 6:17 am by Jim Walker
You can read about that here, Ten Years of Cruise Ship Fires – Has the Cruise Industry Learned Anything? [read post]
The BIMCO CII Operations Clause for Time Charter Parties 2022 Messaging from both BIMCO and the IMO has long been that, for the CII Regulations to be effective, owners and charterers will need to work together. [read post]
4 Nov 2022, 7:56 am by OTy9gYz
ML is “the process by which criminals disguise the original ownership and control of the proceeds of criminal conduct by making such proceeds appear to have derived from a legitimate source.[3]” The report explained that the art market is a ripe field for such ML efforts by illicit actors.[4] Citing the veil of secrecy that is so characteristic of arts industries, the bipartisan report focused on a case study of Russian oligarchs Arkady and Boris Rotenberg.[5] Brothers… [read post]
22 Jul 2022, 8:38 am by Richard Hunt
Trinitas Cellars Logo It has long seemed that the best way to both create accessibility for websites and to tame the industrial ADA litigation monster is to have a technical regulatory standard. [read post]
11 Jul 2022, 2:50 pm by Josh H. Escovedo
”[16] Finally, the Court acknowledged that the lower court’s injunction afforded the NCAA considerable flexibility to address its concerns related to the potential that athletes would be provided impermissible benefits under the guise of permissible education-related expenses.[17] In his concurring opinion, Justice Kavanaugh emphasized the narrow scope of the case and underscored the high possibility that the NCAA’s remaining compensation-related rules would not survive a rule of… [read post]
28 Feb 2022, 11:35 am by Jennifer N. Le
And so 2021 came to an end, and the cannabis industry saw yet another year of failed meaningful change on the federal level. [read post]
Reed Smith will continue to update the industry as more details of EEXI and CII emerge. [read post]
1 Nov 2021, 9:25 am by Eric Goldman
This, in turn, would provide them with more economic security and autonomy while simultaneously enabling companies, industries and even entire geographic regions to operate more effectively. [read post]
2 Sep 2021, 5:35 am by Kevin Kaufman
Internal Revenue Service data does not indicate any substantial tax preference for the fossil fuel industry, rather indicating the industry pays relatively high levels of tax. [read post]
2 Sep 2021, 3:49 am by Kevin Kaufman
The Schedule I status of cannabis has also meant that many banks decline to offer their services to the industry out of fear they may be charged with money laundering. [read post]