Banking

ICC appoints Senior Advisor to the Banking Commission

The International Chamber of Commerce (ICC) has appointed the Head of the Trade Finance Program at the Asian Development Bank (ADB), Steven Beck, as the Senior Advisor to the ICC Banking Commission.

Banking Commission meeting set to shape banking rules

ICC ADR

The International Chamber of Commerce (ICC) is presenting its new Banking Commission strategy to members at the upcoming annual meeting in Zurich, Switzerland, as part of the organization’s drive to guide rule-making in the banking community.

ICC issues recommendations to shed light on requirements for on board notation

ICC news & speeches thumbnai

In response to recurrent requests for ICC opinions on the subject, ICC has published recommendations to help clarify requirements, and to guide banks in the correct interpretation and application of the ICC Uniform Customs and Practice for Documentary Credits (UCP) in relation to on board notations.

Volcanic eruption delaying delivery of documents under ICC rules

ICC news & speeches thumbnai

The unprecedented situation resulting from the volcanic eruption has led to delays in the presentation of documents by beneficiaries and banks to nominated banks, issuing banks, guarantors and instructing parties, due to the inability of courier companies to deliver packages in accordance with their published schedules.

ICC postpones banking meeting in Beijing

ICC news & speeches thumbnai

The International Chamber of Commerce regretfully announces the postponement of its Banking Commission Spring meeting and its related events due to take place in Beijing on 21-23 April.