Tag: ICC

Estimated reading time: 2 minutes ITFA has announced the release of Uniform Rules for Transferable Electronic Payment Obligations (URTEPO), a unique set of rules that cover electronic payment obligations.  Digitalisation and accompanying changes in the law are now offering new ways to both create or re-create traditional trade finance instruments in digital form as well […]

The ICC United Kingdom has announced a new initiative to strengthen the UK finance industry against the impacts of duplicate financing fraud.  The Centre for Digital Trade and Innovation (C4DTI)-led initiative will leverage ICC United Kingdom’s convening capabilities to deliver this flagship project under the C4DTI’s Shutting fraudsters out of trade workstream in partnership with […]

Estimated reading time: 5 minutes A new report highlights the progress of Thailand and UK digital trade partnership to deliver a cheaper, faster and simpler trade framework for SMEs. The International Chamber of Commerce United Kingdom’s Centre for Digital Trade and Innovation (C4DTI), the Electronic Transaction Development Agency (ETDA), the Centre for Applied Sustainable Transition […]

Estimated reading time: 2 minutes The International Chamber of Commerce (ICC) has announced the update and alignment of three critical banking rules following a mandate from the ICC Global Banking Commission members in October. The updated rules include the International Standard Banking Practice (ISBP) for the examination of documents under UCP 600, the Uniform Customs […]

At their event, ‘Re-imagining the future of trade,’ ICC UK unveiled their roadmap to digitalise UK trade. The document provides a framework for businesses and the government, from where to start to allocating responsibilities.