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• eUCP Version 2.0 changes

  30/04/2019
  In advance of our more detailed blogs, which we will be providing over the coming weeks on the content of each and every article of eUCP and eURC, below are highlights of the changes from eUCP version 1...

• ICC eRules: eUCP Version 2.0 & eURC Version 1.0

  26/04/2019
  On 6 June 2017, the ICC Banking Commission launched a Digitalisation Working Group to anticipate and accompany the digitalisation of trade finance...

• Strict Compliance: ICC Issues Paper & Expert Perspective 3/3

  25/04/2019
  In our final blog on this subject, we will examine the expert perspective...

• Strict Compliance: ICC Issues Paper & Legal Perspective 2/3

  24/04/2019
  Further to our previous blog, we will now turn to the legal perspective and the interpretation of strict compliance in the courts...

• Strict Compliance: ICC Issues Paper & ICC Rules & Opinions 1/3

  23/04/2019
  In 2016, the ICC Banking Commission published a paper on the subject of Strict Compliance...

• New approved ICC Opinions April 2019

  17/04/2019
  Five Opinions were approved during the ICC Banking Commission meeting in Beijing, China, in April 2019...

• ICC Uniform Rules for Digital Trade: progress to date

  15/04/2019
  As we have noted previously, work has commenced on the drafting of a new set of ICC rules,the Uniform Rules for Digital Trade (URDT)...

• ICC eRules approval

  12/04/2019
  As mentioned previously, the final drafts of eUCP Version 2...

• Double Confirmation

  10/04/2019
  Whilst not a common practice, addition of a double confirmation on instruction of the issuing bank, does occur and was addressed in ICC Opinion R792 (TA...

• A Guide to Pre-Advised Credits

  09/04/2019
  Introduction Nowadays, very few credits are pre-advised...

• A Guide to Charter Party Bills of Lading and a UCP issue

  04/04/2019
  Charter Party Bills of Lading (CPBL's) are bills of lading that are issued subject to the terms and conditions of a charter party...

• A Guide to Negotiation: why does this still cause problems?

  01/04/2019
  Although not evident in all markets, it is clear that some confusion surrounds the concept of negotiation...