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July 2021

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• UCP 700 – Yes, or No?

  21/07/2021
  Back in early 2017, during the ICC Banking Commission meeting in Jakarta, and based upon consultation with ICC National Committees, it was agreed that a revision of UCP 600 was not required...

• ISBP 745 – is it time to update

  16/07/2021
  Regular readers of our blogs will be aware of our viewpoint on the ISBP 745 - applied correctly, ISBP helps reduce the large percentage of documents refused for discrepancies on first presentation...

• When will the ICC eRules be updated?

  14/07/2021
  On 6 June 2017, the ICC Banking Commission launched a Digitalisation Working Group to anticipate and accompany the digitalisation of trade finance...

• ICC DSI

  13/07/2021
  ICC has launched the Digital Trade Standards Initiative (DSI) - a collaborative cross-industry effort to enable the standardisation of digital trade...

• FINAL DRAFT OF THE UNIFORM RULES FOR DIGITAL TRADE TRANSACTIONS (URDTT)

  13/07/2021
  FINAL DRAFT OF THE UNIFORM RULES FOR DIGITAL TRADE TRANSACTIONS (URDTT)   Voting concluded on 29 June 2021 for the adoption of the URDTT Version 1...

• Accelerating Digital Adoption

  08/07/2021
  Past blogs have outlined the work of the ICC Digitalisation Working Group, within which is a workstream aimed at accelerating digital adoption...