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United Nations (UNCTAD) Minimum Standards For Shipping Agents (1988)

Introduction

Article 1 - Objectives

Article 2 - Definitions

Article 3 - Professional qualifications

Article 4 - Financial qualifications

Article 5 - Code of professional conduct

Article 6 - Enforcement

Article 7 - Compliance

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

United Nations (UNCTAD) Minimum Standards For Shipping Agents (1988)

United Nations (UN)

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United Nations (UNCTAD) Minimum Standards For Shipping Agents (1988)

Article 4 - Financial qualifications

To be considered financially sound a corporate entity and where relevant the shipping agent individually must:

(i) Have financial resources adequate to its business evidenced by references from banks, financial institutes, auditors and reputable credit reference companies, to the satisfaction of the national authorities/professional associations; and

(ii) Have adequate liability insurance through an internationally recognized insurance company or mutual club to cover all professional liabilities.

Measures must be taken to ensure that the above financial standards continue to be met. This could be achieved through annual scrutiny of shipping agents by the national authorities/professional associations.


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