ICC issues updated guidance paper regarding sanction clauses
12/06/2014
The ICC today issued an updated version of its guidance paper (first issued in 2010) regarding the use of sanction clauses in trade finance instruments such as documentary credits, standby letters of credit and guarantees.
Spring 2026 Newsletter added to the Members Trade Information section 02/04/2026
The content of this latest newsletter reflects on the discussions at the recent ICC Banking Commission meeting around a possible revision of UCP 600 and the continual updating of ISBP...more
Results of ICC Survey regarding a possible revision of UCP and/or update to ISBP 821 12/02/2026
At the end of 2025, the ICC Banking Commission requested feedback from its members as to whether it was time for a revision of UCP 600 and/or an update to ISBP 821...more
