{{tag>sanctions}}

====== Registries ======

===== Registry-hopping =====

To enhance its oversight capabilities, Panama implemented several key initiatives in 2024. The “Panama Flag Precheck Process,” launched in September, aims to strengthen due diligence for new registrations. The country also joined the Registry Information Sharing Compact (RISC), a collaborative effort to prevent “registry-hopping” by vessels attempting to evade sanctions.((https://archive.ph/RPf7V#selection-583.0-586.0)) ((2025))