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...