Blog

Latest Articles

• Geopolitics, sanctions, and trade finance

  26/03/2025
  International trade is inherently political...

• Revising UCP 600

  19/03/2025
  Now that the revision of ISBP 821 is underway, the perennial question is again being raised: do we have a business case to revise UCP 600?   Also published at https://www...

• ICC Trade Register 2024

  12/03/2025
  The 2024 ICC Trade Register Report provides an in-depth analysis of global trade and trade finance dynamics, with a focus on risk assessment, emerging trends, and the evolving regulatory landscape...

• ICC Guidance on use of sanctions - update

  05/03/2025
  A previous edition of this Guidance contained a statement that sanctions clauses are non-documentary conditions for the purposes of the UCP and the URDG...

• ICC Draft Opinions February 2025

  26/02/2025
  Discussed at the ICC Banking Commission meeting on 17 February 2025...

• Improving efficiency with simple Documentary Credit formats

  20/02/2025
  Also published at https://www...

• ISBP Education Project Update

  12/02/2025
  Many of the project's proposals have been endorsed, and a number of excellent suggestions and recommendations have been received from ICC National Committees...

• ISBP Revision Next Steps

  05/02/2025
  Significant feedback was received on each of the potential revision issues...

• ICC Draft Opinions February 2025

  29/01/2025
  For discussion and approval at the ICC Banking Commission meeting on 17 February 2025...

• Strict Compliance

  22/01/2025
  A number of references to strict compliance have reappeared recently, which leads me to ponder whether some practitioners still believe this to be market practice...