Case Study: Indirect Sanctions and Counterparty Exposure Assessment

A commercial maritime operator with a mature compliance program engaged Kingfisher to assess whether indirect sanctions exposure existed beyond traditional entity screening. The analysis examined ownership opacity, intermediary services, insurance arrangements, and shared port infrastructure to clarify how exposure can accumulate through networks rather than prohibited trade. The engagement provided leadership and counsel with a clear, defensible understanding of risk not visible through checklist-based compliance alone.