Recent Posts by IIBLP

IIBLP Trade Finance Events – Ongoing Discussions

letter of credit, lc, guarantee, trade finance events

Ongoing Topics at the IIBLP Trade Finance Events

The 2018 IIBLP Trade Finance events series is halfway through. With events so far in North America, Dubai, Belgium, and Stockholm, we've seen a myriad of topics discussed in the sphere of...
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SWIFT MT Category 7 Changes: Who’s Ready?

IIBLP_SWIFT update Mandatory SWIFT MT Category 7 changes are fast approaching that will impact letters of credit. Changes to the 700 series for documentary credits will come in November of 2018, and November 2019 for the 760 series (demand guarantees & standby LCs). At last month’s IIBLP Read more

Singapore Introduces Blockchain-Based eCO

IIBLP - Singapore Blockchain eCO

The First Blockchain eCO

In another claimed blockchain-related breakthrough, on 9 May 2018 the Singapore International Chamber of Commerce announced it’s become the world’s first chamber to offer a blockchain-based e-Certificate of Origin (eCO) platform to support the digitalization of trade.

The Certificate of...

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Sanctions: A Primer

Sanctions Primer IIBLP

In this blog post we will explore the topic of Sanctions in a broad sense, and discuss their impact on trade finance. Additionally we'll look at the available means of remaining complaint with sanctions regimes. At the bottom of this page are key resources...

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ICC Resumes eURC Development and eUCP Update 

IIBLP - ICC resumes digitisationICC Resumes Digitization Process for URC, Update to eUCP

On 3 January 2018, the ICC Banking Commission Executive Committee announced that it would proceed with updating the existing eUCP rules (eUCP Version 1.1, 2007) and drafting new rules addressing electronic...

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