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Marine Practice SAMI Facility Insurance Facility for members of the security association for the maritime industry (SAMI)ContentsIntroduction....................................................................................................
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Sami facility is a reporting mechanism used to provide information on specific activities or transactions.
Certain entities or individuals as designated by the regulatory authorities are required to file sami facility.
Sami facility can be filled out online through the designated portal or platform set up by the regulatory authorities.
The purpose of sami facility is to monitor and track certain activities or transactions to ensure compliance with regulations and detect any potential violations or risks.
The specific information required to be reported on sami facility may vary depending on the regulatory requirements, but generally includes details such as the nature of the activity or transaction, parties involved, and monetary values.
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