ICC Financial Crime Risk & Policy Group issue 2 Policy Statements
The ICC has recently issued 2 Policy Statements from the Financial Crime Risk & Policy Group...
ICC releases 2018 Trade Register Report
The International Chamber of Commerce (ICC) Banking Commission has released its 2018 Trade Register report – again highlighting the low risk nature of trade finance in comparison to other asset classes...
ICC issue paper regarding the roll-out and commercialisation of ICC digital rules
On 6 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...
Registration is now open for the October 2019 CDCS examination
Registration for the October 2019 exam is open, applications and payment must be received by LIBF on or before 31 July 2019...
wolfsberg group, icc and baft issue amendment to trade finance principles guidance document
On 24 January 2017, the ICC Banking Commission, the Wolfsberg Group, and the Bankers Association for Finance and Trade (BAFT) jointly released The Wolfsberg Group, ICC and BAFT Trade Finance Principles...
SWIFT Postpones Category 7 Changes (SR 2019) to 2020
Changes to SWIFT Category 7 messages for guarantees and standby letters of credit that had been scheduled to take effect in November 2019 have been deferred to November 2020...
The legal status of electronic bills of lading – an ICC / Clyde & Co Survey
The International Chamber of Commerce Banking Commission, on the recommendation of its Legal Committee, appointed Clyde & Co LLP to conduct a survey on the legal status of eB/Ls, whether in the form of an electronic record or in paper format when converted from an electronic record...
ICC Banking Commission signs partnership with Global Credit Data to boost scope of Trade Register
The ICC Banking Commission has announced a long-term agreement with Global Credit Data (GCD), an association owned by banks and home to the world’s largest database of bank defaults, to strengthen analysis within the market-leading ICC Trade Register...
ICC releases latest Trade Finance Survey
The 2018 Survey, titled “Global Trade – Securing Future Growth” is now available via the ICC’s website and the following link https://iccwbo...