Blog

Latest Articles

• 15 years of UCP 600 – the big question

  13/09/2021
  We make no apologies for returning to this issue which remains of key importance...

• Trade Finance: an introduction

  01/09/2021
  The subject of trade finance, particularly on a global basis, is extremely wide-ranging and impacts on the daily life of the world's population...

• Re-visiting training

  18/08/2021
  Six years ago, we realised that there was a demonstrable gap in the training of trade finance...

• ISDGP overview

  11/08/2021
  As mentioned in a separate blog, the ISDGP (International Standard Demand Guarantee Practice) were approved during the March 2021 Banking Commission meeting with only two countries, Tunisia and Switzerland, voting against publication...

• Relationship of eURC Version 1.0 to URC 522

  04/08/2021
  On 6th June 2017, the ICC Banking Commission provided a press release announcing the launch of a Working Group to anticipate and accompany the digitalisation of trade finance...

• UCP 700 – Yes, or No?

  21/07/2021
  Back in early 2017, during the ICC Banking Commission meeting in Jakarta, and based upon consultation with ICC National Committees, it was agreed that a revision of UCP 600 was not required...

• ISBP 745 – is it time to update

  16/07/2021
  Regular readers of our blogs will be aware of our viewpoint on the ISBP 745 - applied correctly, ISBP helps reduce the large percentage of documents refused for discrepancies on first presentation...

• When will the ICC eRules be updated?

  14/07/2021
  On 6 June 2017, the ICC Banking Commission launched a Digitalisation Working Group to anticipate and accompany the digitalisation of trade finance...

• ICC DSI

  13/07/2021
  ICC has launched the Digital Trade Standards Initiative (DSI) - a collaborative cross-industry effort to enable the standardisation of digital trade...

• FINAL DRAFT OF THE UNIFORM RULES FOR DIGITAL TRADE TRANSACTIONS (URDTT)

  13/07/2021
  FINAL DRAFT OF THE UNIFORM RULES FOR DIGITAL TRADE TRANSACTIONS (URDTT)   Voting concluded on 29 June 2021 for the adoption of the URDTT Version 1...