News

News Categories
Recent News

News by Month

Following the approval of the International Standard Banking Practice (ISBP) Publication 745, the ICC has announced that two previously approved Opinions have now been withdrawn due to contrasting positions that appear in ISBP.

18/06/2013 ICC Opinion R751 is superceded by the content of paragraphs D1 (c) and E1 (a) i.e., that the routing in the credit will determine the applicable article of UCP when the wrong or inappropriate transport document is indicated. ICC Opinion R766 is superceded by paragraph K10 (c) i.e., that an insurance document dated later than the date of shipment but indicating coverage is made on a warehouse-to-warehouse basis will not be evidence that insurance was effective as of the date of shipment.


Back to recent news

Recent News

Autumn 2025 Newsletter added to the Members Trade Information section 31/10/2025

This newsletter covers the 6 opinions that were approved by the ICC Banking Commission on 21 October...more

Collyer Consulting Trade Finance Masterclass to return to Dubai in 2026 18/09/2025

The widely acclaimed MasterClass event (a two-day event) will return to Dubai in 2026...more