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• Position Papers vs Guidance Papers

  09/10/2018
  It is interesting to recall that back in September 1994, the ICC Banking Commission noted, pursuant to the release of UCP 500, that various banks had been applying unilateral and incorrect interpretations to certain of its articles...

• Update on developing e-compliance in ICC rules: Minimum Standards

  01/10/2018
  As mentioned in a recent blog, the e-Rules Drafting Group commenced a fresh re-drafting process of eUCP & eURC, culminating in a 3rd draft of the rules being sent to ICC National Committees in July 2018, with a deadline of 28 September 2018 to respond...

• Status update: URBPO

  24/09/2018
  Re-cap on the scope of the revision: Revision of the URBPO to include the roles and responsibilities of buyers and suppliers, addressing a current deficiency in the URBPO today...

• Status update: eUCP & eURC

  20/09/2018
  Re-cap: On 6 June 2017, the ICC Banking Commission launched a Working Group to anticipate and accompany the digitalisation of trade finance...

• ICC Banking Commission Tbilisi Agenda October 2018

  13/09/2018
  The meeting will be held in Tbilisi, Georgia from 15 to 17 October 2018, with Task Force & Working Group meetings on 15 &16 October...

• New draft ICC Opinions

  11/09/2018
  Only two queries have been received for discussion at the next ICC Banking Commission meeting in Tbilisi, Georgia, in October 2018...

• Recent Alleged Fraud Case

  14/08/2018
  In early February, Punjab National Bank informed India's stock exchanges of a significant alleged fraud involving transactions dating back to 2011...

• Sustainability in Trade

  02/08/2018
  Back in December 2015, the ICC Commission on Environment and Energy issued a Policy Statement on ‘Sustainability Reporting - Future Directions'...

• Understanding Digitalisation Terms

  05/07/2018
  When we look back at our long list of blogs, it becomes very apparent that a number of new phrases and terms have entered the vocabulary of those involved in the wonderful world of trade...

• Standard definitions for techniques of supply chain finance

  06/06/2018
  We have, on many occasions, made reference to the differing techniques for supply chain finance...