Maritime Labour Convention 2006 - Financial Security Requirements (April 2019 version)
IMPORTANT NOTE: The entry into force of the 2014 amendments to MLC on 18 January 2017 raised a number of complex and novel questions. These FAQs are intended to provide guidance to assist Members and Clubs in complying with the amendments. While efforts have been made to provide clarity, uncertainty remains on some aspects of the financial security requirements. There may also be differences in the way some states implement and enforce the amendments. These FAQs should not be regarded as providing definitive legal
advice and Members should also consult their flag state authorities.
Members should refer to their Club’s website for details of the MLC financial security certificate application process and an explanation of the terms on which MLC certificates can be issued.