The ICC has noted a resurgence in the use of sanctions clauses in documentary credits and in demand guarantees, particularly in the form of non-specific clauses that create uncertainty. As a result, the ICC Banking Commission considers it necessary to emphasise its principled position towards sanctions clauses by way of an update of the Guidance Paper, with the addition of an addendum with a sample clause and guidance for use, available here.
- Position Paper on Drafting ICC Rules for Supply Chain Finance
- ICC Standards for Sustainable Trade and Sustainable Trade Finance: Wave 1 Framework
- ICC Standards for Sustainable Trade & Sustainable Trade Finance: Update and Invitation to Pilot
- Standards Toolkit for Cross-border Paperless Trade
- ICC Fintech Collaboration Guidelines
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