By Ruth Prickett2024-07-03T18:17:00
Dominic Buckwell, general counsel and compliance head at global marine container leasing company Seaco, discussed key themes including anti-money laundering (AML), sanctions, and why the industry needs common environmental reporting standards.
Seaco, a customer of financial institutions and syndicated lenders in the business of supplying shipping and freight multinationals, must navigate compliance issues relating to both sectors.
Compliance is no longer a question of simply meeting legal obligations. It’s now just as much about demonstrating to customers that you meet their ethical and environmental standards, Buckwell explained.
2024-07-30T12:52:00Z By Adrianne Appel
Global shipping giant Maersk Line Limited agreed to pay more than $707,000 and reinstate a seaman who was terminated after he alerted a federal regulatory agency about alleged safety violations, the U.S. Department of Labor’s Occupational Safety and Health Administration said.
2024-07-12T19:17:00Z By Adrianne Appel
Marathon Oil Company agreed to pay $241.5 million and bring the company into compliance with federal emissions rules in the vicinity of North Dakota’s Fort Berthold Indian Reservation after years of violations, the Department of Justice said.
2024-07-09T19:08:00Z By Ruth Prickett
Codes of ethics and conduct are becoming ubiquitous, yet instilling high standards of corporate integrity still seems an elusive goal. Why is corporate culture such a challenge?
2025-10-06T12:04:00Z By Ruth Prickett
Global pressure for sustainability reporting is rising. Despite political uncertainty and regulatory delays, companies continue to improve reports for regulators and stakeholders with the help of AI.
2025-09-29T20:59:00Z By Ruth Prickett
Most major organizations are not changing their ESG reporting plans, despite “regulatory ambiguity”, according to a report by consultancy KPMG. The researchers say this indicates market expectations are driving action as much as legal requirements.
2025-07-26T01:58:00Z By Aly McDevitt
The SEC refused to say whether it would enforce its landmark Climate-Related Disclosure Rules in a status report filed Wednesday, deepening uncertainty as the regulation faces legal challenges.
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