BIMCO has just published a cyber security clause addressing the contractual issues that can arise from a cyber security incident. The UK Club’s Francesco Tundo was a member of the drafting sub-committee. Francesco’s article on the clause, found on the UK Defence Club’s website, can be accessed here.
Members with any questions on the clause are invited to address these directly to Francesco.
Sanctions caused - and continue to cause! - so much uncertainty. With global politics in an all-time turbulent flux, that uncertainty is magnified even further: where have they been lifted? Who is still on the list? Is this an exempted payment? Could they be put back on the list? ... so many questions.
Further to the UK Club’s recent Legal Update on Electronic Bills of Lading (Part I & Part II), the Frequently Asked Questions and Answers are provided for Members’ additional guidance
