Archives 2007 : | |
| ICC’s new online training services for documentary credits and UCP 600, developed with technology partner Coastline Solutions, are becoming increasingly popular within the international trade community for keeping up with the latest changes in letter of credit and trade finance practice. |
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New edition of ISBP is published
An updated version of ICC’s popular banking publication, International Standard Banking Practice (ISBP) for the Examination of Documents Under Documentary Credits, is now available. |
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ICC provides training on UCP 600
Two training events will be held this month to help letter of credit practitioners prepare to use ICC’s revised rules on documentary credits, also known as UCP 600, which take effect on 1 July 2007. |
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ICC to revise its Uniform Rules for Demand Guarantees
The ICC Banking Commission has given the go-ahead to begin a revision of the ICC Uniform Rules on Demand Guarantees. The rules, approved by ICC in 1991, have as their objective to balance the conflicting interests of applicants, beneficiaries and guarantors. |
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Banking Commission approves document on international standard banking practice
By a unanimous vote of 71-0, the ICC Commission on Banking Technique and Practice approved an updated version of its widely acclaimed publication, International Standard Banking Practice for the Examination of Documents under Documentary Credits (ISBP). The voting took place at the commission’s meeting in Singapore yesterday. |
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