Blog

July 2021

  • 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...
  • Accelerating Digital Adoption
    08/07/2021
    Past blogs have outlined the work of the ICC Digitalisation Working Group, within which is a workstream aimed at accelerating digital adoption...