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May 2017

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• Exchange control in documentary credit transactions

  16/05/2017
  A suggestion has been put forward that UCP should cover exchange control regulations...

• UCP revision: explanatory notes part 5

  12/05/2017
  As explained in our last few blogs, the explanatory notes accompanying the recent ICC Banking Commission decision not to proceed with a revision of UCP 600 contained a number of answers to questions raised by practitioners in different parts of the world...

• UCP revision: explanatory notes part 4

  11/05/2017
  As explained in our previous couple of blogs, the explanatory notes accompanying the recent ICC Banking Commission decision not to proceed with a revision of UCP 600 contained a number of answers to questions raised by practitioners in different parts of the world...

• UCP revision: explanatory notes part 3

  10/05/2017
  As explained in our previous blog, the explanatory notes accompanying the recent ICC Banking Commission decision not to proceed with a revision of UCP 600 contained a number of answers to questions raised by practitioners in different parts of the world...

• UCP revision: explanatory notes part 2

  09/05/2017
  The explanatory notes accompanying the recent ICC Banking Commission decision not to proceed with a revision of UCP 600 contained a number of answers to questions raised by practitioners in different parts of the world...

• UCP revision: explanatory notes part 1

  08/05/2017
  We recently outlined the background to the two most commonly referenced issues in respect of a potential revision: drafts and negotiation...

• ICC Digitalisation Working Group

  05/05/2017
  The ICC has established a new Working Group on Digitalisation: the inaugural meeting was held in Jakarta prior to the recent ICC Banking Commission plenary session...

• ICC Opinions: April 2017

  04/05/2017
  TA...

• Negotiation: UCP 700

  03/05/2017
  As with the issue of drafts, the removal of ‘negotiation' from the UCP as a form of availability is also an argument that has been brought forward on numerous occasions in an effort to justify a revision of UCP 600...

• Drafts: UCP 700

  02/05/2017
  One argument that was put forward for a revision of UCP 600 surrounded the removal of drafts from the rules...