URDG 758 Best Practice

Similar documents
Case Studies on Documentary Credits & Bank Guarantees

International Standard Banking Practice

ICC AUSTRIA CONFERENCE SANCTIONS & EMBARGOES MONEY LAUNDERING IN TRADE FINANCE

Fraud in Trade Finance

9th Global Conference on Bank Guarantees

Scandinavian PIDA Seminar on International Commercial Arbitration

ICC Austria s International Trade Finance Week Latest trends in. Letters of Credit

Ninth Investment Arbitration Forum

Ninth Investment Arbitration Forum

Latest trends in. Letters of Credit. Chinese currency RMB Letters of Credit & Cross Border Settlements

Sanctions & Embargoes US/EU-Export- & Re-Export Controls

Sanctions & Embargoes US/EU-Export- & Re-Export Controls

Trade Finance towards CDCS and CSDG PDU s Points, 6.5 Law Society CPD Points granted

Arbitration. Study of a mock case - under the 2012 ICC Arbitration Rules

Courses Approved for Continuous Professional Development CDCS and CSDG 2015

International Trade Finance Recertification Services

Scandinavian PIDA Seminar on International Commercial Arbitration

THE NEW RULES FOR INTERNATIONAL DEMAND GUARANTEE PRACTICE: URDG 758

TRADE FINANCE PRODUCTS

Digitalisation - is it time for the letter of credit to move forward?

ICC INDONESIA WORKSHOP

Dubai Trade Based Financial Crime Regulations Workshop. Saturday, 2 April

Terms & Conditions. Conference Registration

Avoiding Trade Frauds in an Uncertain Economic Climate

ICC Events. INTERNATIONAL CONTRACTS: Study of a mock case Negotiating, Drafting, Dispute Resolution, Different Cultural and Legal Approaches

ICC Austria Trade Finance Week ICC Global Survey on URDG 758. Dr. Andrea Hauptmann

Terms & Conditions Conference Registration

Effectively focus on CLAIM MANAGEMENT. through. ICC DISPUTE BOARDs

Damages in International Arbitration

BPP Professional Development 2017 Tax Programme

General Terms and Conditions for the EBIR Application and Participation

Documentary Credit A payment service with built-in security. Trade Finance

Miryan Weichselbaum-Gharibo

Documents Against Acceptance (D/A)

Trade Finance Academy

FCIB Webinar Series DOCUMENTARY COLLECTIONS. Instructor: Aysegul Budak, VP Commercial Lender, WBC

The ICC Model Contracts. What makes them stand out?

THE IMPLEMENTATION OF POPI (repeat workshop)

General Terms and Conditions for the ESIR 2017 Registration and Participation

APPLICATION FORM. Please fill in the white spaces

Trade Solutions Start 2 Export

World Water Congress & Exhibition 2018

CONTRACT SKILLS WORKSHOP

GLOBAL TRADE FINANCE PROGRAM. IFC International Trade Finance e-learning. Facilitated by

Art. 1 Application of UCP

Should you have any more questions about the service, please contact Liezel on or send an to

EXHIBITION SPACE ORDER FORM GENERAL INFORMATION

Agency. Dry Cargo Laytime. Delivered in collaboration with Swansea University

PERU: Sacred Sites of Machu Picchu, Cusco and Sacred Valley of the Incas July 3-13, 2016 Post-Tour Extension to Lake Titicaca: July 13-16, 2016

THE CCMA GUIDELINES ON ARBITRATION IN MISCONDUCT DISMISSALS 1 JUNE 2012

PIDA Training Paris, June 2013 INTerNATIoNAL CoMMerCIAL Study of a complex mock case under ArBITrATIoN the 2012 ICC Rules of Arbitration

PARIS FRANCE. UIA Training course Mediation Advocacy: Skills and Strategies for Legal Representatives in Mediation

SUPPLYTIME SEMINAR. Rotterdam

SUB: AEPC organizes Buyer Seller Meet in Bogota & Sao Paulo from 24 th - 29th October, 2013

Public Procurement Requirements for ESI Funds

2016 JSCCA CPD Programme

S/1299/ July 2015 ENGLISH and SPANISH only NOTE BY THE DIRECTOR-GENERAL

UITP Summit Congress Registration

INVITATION. Business Delegation to Myanmar and Bangladesh Myanmar 3 4 December 2012 Bangladesh 5 6 December 2012

TOUR PRICING. NOTE: Sacred Sites Journeys tours are smoke-free. E-cigarettes are allowed.

INVITATION. Business Delegation Headed by Pia Olsen Dyhr, Denmark s Minister for Trade and Investment.

ICC ARBITRATION WORKSHOP

SINGAPORE INSTITUTE OF ARBITRATORS

International Trade Finance

Latest ICC Opinions. Rita Ricci, CDCS Global Head, Trade Expertise Desk BNP Paribas

MAIN TOUR August 9 18, 2015: Person, double occupancy, land only (Group of 10) $2, via check or money order $2, via credit card

Master s programme SpaceTech, MEng Master of Engineering in Space Systems and Business Engineering

1A Please send to: LMI Leipziger Messe International GmbH Messe-Allee Leipzig GERMANY

Practical Tips on Commencement of Arbitration

Study of a mock case under the 2012 ICC Rules of Arbitration

Combating Fraud and Corruption in and by the Public Sector

ARBITRATOR S GUIDELINES

Introduction to Letters of Credit 1-Day This course can also be presented in-house for your company or via live on-line webinar

Trade Finance. Supporting Importers & Exporters. Global Markets

PETROSYNC S LEGAL SERIES EPCIC CONTRACT MANAGEMENT. Optimizing Contract Performance throughout Project Lifecycle

2018/2019 RISK MANAGEMENT PROGRAMME

PRACTICAL BUSINESS RESCUE. 16 November 2012

Container Closure Integrity

Amendment to a Documentary Credit Advice of a Third Banks Documentary Credit. Transfer of a Documentary Credit Transfer of a Documentary Credit

PROJECT & HEAVYLIFT Paris

Overseas Students. Applying from your home country

Required documents for registration process as EGPC Importers / Suppliers of Crude Oil and Petroleum Products and invited in related Tenders :

Guidance Paper. ICC Commission on Banking Technique and Practice

Sofia, Bulgaria April Sponsors. Plus separately bookable Pre-Seminar One Day Training for Executives

Letters of Credit Operations & Incoterms 2010

The Assurance Package: Get Ready for February 2019! Annual Accounts Management Declaration Annual Summary Annual Control Report

VAT for beginners. Brief description: Program outline: Duration: Day 1: 09:00 16:00, Day 2: 09:00 13:15 10 hours / 10 CPD units Date & Venue:

Southend United 2018/19 Season Cards...

2017/2018 RISK MANAGEMENT PROGRAMME

International Dispute Resolution and Arbitration in the Oil & Gas Industry

INTERNATIONAL TRADE FINANCE SERVICES

Risk in Trade Finance and Trade Finance Products

1. How do I place an order and when is a binding agreement created? 2. How much should I pay for my product?

GENERAL TERMS AND CONDITIONS

FINANCIAL GUIDELINES AND STANDARDS FOR EVENT MANAGEMENT

TERMS AND CONDITIONS OF REGISTRATION TO THE 11 TH EUROPE-UKRAINE FORUM March 2018

All Rights Reserved. All Trade Marks and Copyrights recognised. Croatia Pole Camp S Fitness Association

LAUNCH OF ICC COMMISSION REPORT: FINANCIAL INSTITUTIONS AND INTERNATIONAL ARBITRATION

NOTE BY THE TECHNICAL SECRETARIAT

The Essential Toolkit for Junior Personal Injury & Clinical Negligence Lawyers

Transcription:

Advanced Workshop on: URDG 758 Best Practice Do's and Don ts of Drafting URDG compared to UCP 600 / ISP 98 The new URDG 758 2018 survey Reports on adoption of URDG from around the world URDG 758 and challenging jurisdictions Beware of non-documentary conditions ICC Banking Commission Opinions on URDG International Standard Demand Guarantee Practice Up-date on the drafting of the ISDGP Case Studies Tuesday, 13 November 2018, 9.00 a.m. - 4:30 p.m. Palais Festetics 1090 CDCS and CSDG holders attending will earn 6 CPD/PDU points towards recertification. This training is part of a 4 event series; separate booking is available: Understanding Documents in Trade Finance Mon, Nov 12th, 2018 Understanding Transferable L/Cs Tue, Nov 13th, 2018 URDG 758 Best Practice Tue, Nov 13th, 2018 Case Studies on Documentary Credits and Demand Guarantees Wed/Thur, Nov 14/15th, 2018

T a r g e t G r o u p Specialists in Demand Guarantees in banks & corporates Specialists in project & trade finance Client relationship managers Project managers in engineering & construction Sales Managers of Exporters & Importers Lawyers & In-house legal counsels Risk Managers in banks & corporates Everyone involved in Trade Finance B a c k g r o u n d & O b j e c t i v e Bank Guarantees, as a simple but powerful tool for de-risking, play a vital role in international trade and other business transactions. ICC research found that the demand for bank guarantees has steadily grown. The ICC Uniform Rules for Demand Guarantees have become the go-to guarantee rules for many major businesses, banks and government agencies. Updated in 2010, the URDG 758 contains a comprehensive revision of the ICC rules, including clearer definitions, step-by-step procedures and model forms. The result is a comprehensive and easy-to-use package to regulate international guarantee practice. Endorsed by UNCITRAL, FIDIC, the Worldbank, IFC amongst others, the URDG 758 became what can only be considered a huge success story. However, rules are only as good as the knowledge and understanding of those who apply them. In particular with guarantees, all parties involved may underestimate the risks due to unknown legal systems, bad drafting or insufficient knowledge in general; therefore jeopardizing the security they originally intended to create. The training on URDG 758 Best Practice is part of an ICC Austria event series, 12-14 November 2018, which seeks to integrate trade finance & with contract conditions. It is designed to highlight potential contractual and cost traps and to show practical solutions. We aim to combine knowledge of our international experts in order to avoid partial solutions, but to offer an integrated approach instead. Participants are kindly asked to bring with their copy of ICC URDG 758. In case you would like to purchase one, please get in touch with us beforehand, and receive it at the registration desk.

S p e a k e r Andrea Hauptmann; Senior Global Consultant in Trade Finance, Raiffeisen Bank International AG, Austria; Chair and founding member ICC Task Force on Bank Guarantees; regular speaker at international conferences since 1991; member of the Executive Committee of ICC Banking Commission; P r e l i m i n a r y P r o g r a m me Andrea Hauptmann Do's and Don ts of Drafting URDG compared to UCP 600 / ISP 98 The new URDG 758 2018 survey o Reports on adoption of URDG from around the world URDG 758 and challenging jurisdictions ICC Banking Commission Opinions on URDG International Standard Demand Guarantee Practice o Up-date on the drafting of the ISDGP Case Studies Q & A session. Submit your questions in advance! *Please note that the programme will be expanded with further topics and recent developments shortly. Additionally, participants are invited to submit their special questions and cases in advance, which should be handled during the conference. Please submit your questions until 15 th of October 2018 to: e.treu@icc-austria.org I C C A u s t r i a - Your Partner for International Trade and Law ICC Austria assists its members in their daily legal & practical questions please contact us: Bank Guarantees, Letters of Credit, Trade Finance and contracts import-export contracts, Incoterms, International trade terms and conditions, Dispute prevention, dispute resolution and arbitration Prevention of corruption, commercial crime, counterfeiting, investment fraud, shipping fraud International negotiations in the light of cross cultural differences

R e g i s t r a t i o n F o r m ICC Austria Advanced workshop on: URDG 758 Best Practice Palais Festetics, Berggasse 16, 1090 Mail or Fax to: ICC Austria International Chamber of Commerce Mrs. Cennet Kacan Tel.: +43-1-504 83 00-3718 Wiedner Hauptstrasse 57, 1040 Vienna-Austria @ E-Mail: c.kacan@icc-austria.org Fax: +43-1-504 83 00-113718 Participant Information Family Name:.. First Name:.... Mr. Mrs. Organisation / Company:... Address:... Postal Code, City:... Country:... E-Mail:... Telephone:... Job Title / Position :..... Invoice data Organisation / Company:... VAT Number (obligatory for invoicing for European participants):... Address:... Postal Code:... City:... Country: * Obligatory for invoicing participants from EU member states Registration closing date 2 November 2018 12 Nov 2018 13 Nov 2018 14 15 Nov 2018 I want to register for: Understanding Document in Trade Finance Advanced workshop on URDG 758 Best Practice EBRD & ICC Austria Case Studies on Documentary Credits & Bank Guarantees Regular Fee EUR 610,-- EUR 610,-- EUR 990,-- After receiving the registration, we will sent a confirmation with the invoice attached. Please transfer the course fees free of charges for ICC Austria via banktransfer. We do not accept payments by credit card. In exceptional cases, a payment in cash is possible on site. Once confirmed by ICC Austria, your registration is legally binding! The regular fee shall be paid within two weeks from receipt of invoicein case of late registration verifiably before the Conference starts!

Visa information (only fill in if you need a visa) Visa applications must be made at the Austrian embassy or consulate in your country of residence well in advance! It takes 4-6 weeks to get the visa please contact your local Austrian Embassy early on. For visa letter please send us your passport details: Full name... Passport number... Date of birth... Date of issue and expiry... Alternately, send us a copy of your passport. Hotel information We will provide a list of hotels close to the conference venue as soon as possible. Cancellation Policy / Data Protection Upon signature of this registration form the General Terms and Conditions of ICC Austria are deemed accepted; available with https://www.icc-au stria.org/en/about-us/general-terms-and-conditions/seminars.htm. A full refund will only be given for written cancellations received up to 20 working days before the event. Should you be unable to attend, you can nominate a colleague as replacement. I acknowledge that my data is stored electronically for registration purposes. ICC Austria will not submit my data to third parties. I agree to receive mail notifications on latest up-dates on conferences and training sessions with similar content. Modification/Cancellation is possible by delete@icc-austria.org....... Date Signature