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• Discrepancy rates under UCP 600

  23/12/2024
  In documentary credit operations, the advising of discrepancies in documents is probably the most contentious issue that a bank will face with its clients or another bank...

• AI and Trade Finance

  04/12/2024
  Trade finance, a cornerstone of international trade, has long been plagued by inefficiencies stemming from manual, paper-intensive processes...

• Fraud and Documentary Credits

  27/11/2024
  Documentary credits, also known as letters of credit, have long been considered the lifeblood of international trade...

• ICC Final Opinions November 2024

  21/11/2024
  TA...

• Amara’s Law and Digital Trade Finance

  19/11/2024
  In the rapidly evolving landscape of global trade and finance, Amara's Law provides a compelling framework for understanding the trajectory of technological innovation and its impact on industry practices...

• Common Sense – how should it be applied?

  15/11/2024
  Within international trade finance, the handling of documentary credits requires a nuanced approach that balances adherence to formal rules with practical, experience-based judgment...

• ICC Banking Commission Technical Advisory Briefing No. 12

  14/11/2024
  This covered Interpreting and applying the phrase "read in context with" in respect of UCP 600 sub-article 14 (d) and was published on 14 November 2024, link below...

• Should "negotiation" continue to be a form of availability within UCP?

  04/11/2024
  Although not evident in all markets, it is clear that some confusion still surrounds the concept of negotiation...

• The challenge for Legal Entity Identifiers in the UK market

  04/11/2024
  The issue of personal identity cards in the UK has been a contentious topic for many years, with public attitudes significantly influencing policy decisions...

• Energising URDTT

  30/10/2024
  The ICC Uniform Rules for Digital Trade Transactions (URDTT) were created to provide a standardised framework for digital trade transactions, yet their adoption has been relatively limited...