Source: Cyprus Mail
In an article published in Cyprus Mail, Pillsbury’s London-based Public Policy partner Matthew Oresman, explores the future of compliance revolution in the shipping industry.
“When people discuss compliance and Cyprus they are often referring to the banking sector, which has made major improvements over the last years, culminating in this year’s positive MONEYVAL assessment. However, it is becoming increasingly clear that the next wave of compliance will focus on the shipping industry. As host to one of the largest global shipping management centres, as well as one of the largest merchant fleets, Cyprus will need to adapt to this new reality to maintain its dominant position.”
Read Matthew’s full take in Cyprus Mail.