Five queries have been received for discussion at the next ICC Banking Commission meeting which will be held virtually in March 2021, in the sequence TA909-910 & 912-914.
TA911 has been held-over pending further information.
TA914 has also been reviewed by the Guarantee Task Force.
TA.909 - Interpretative Paper on the correct interpretation of the first paragraph of UCP 600 article 35.
TA.910 - non-payment of drawings under a deferred payment credit.
TA.912 - non-payment at maturity of deferred payment credit.
TA.913 - pre-printed text on an insurance document.
TA.914 - applicability of URDG 758 to a counter-guarantee.
We will provide you with more details and updates after conclusion of the meeting.