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United Kingdom · Question · Written question

UIN 6746

Shipping: Russia

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 October 2024

Last action

14 October 2024 · Answer

Status

Answered

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Discovery layer

Source updated

14 October 2024

Summary

To ask the Chancellor of the Exchequer, what steps she is taking to ensure UK insurers and other maritime service providers verify compliance with the oil price cap for shipping contracts involving vessels potentially linked to Russia’s shadow fleet.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 October 2024

    Written question

    To ask the Chancellor of the Exchequer, what steps she is taking to ensure UK insurers and other maritime service providers verify compliance with the oil price cap for shipping contracts involving vessels potentially linked to Russia’s shadow fleet.

    Source: Commons

  2. 14 October 2024

    Answer

    HM Treasury’s Office of Financial Sanctions Implementation (OFSI) supports industry in complying with the Oil Price Cap. On 16 February 2024, OFSI issued updated industry guidance (UK Maritime Services Ban and Oil Price Cap Industry Guidance). OFSI also c...

    Source: Written answer

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