FIMBank seminar, conference on new UCP600 rules
FIMBank has held a seminar for its staff on the new UCP 600 rules (Uniform Customs and Practice for Documentary Credits 2007 Revision Publication no. 600) published by the International Chamber of Commerce.The UCP remain the most successful set of...
FIMBank has held a seminar for its staff on the new UCP 600 rules (Uniform Customs and Practice for Documentary Credits 2007 Revision Publication no. 600) published by the International Chamber of Commerce.
The UCP remain the most successful set of private rules for trade ever developed and FIMBank will be one of the banks dealing in global trade finance to be UCP 600 ready.
The seminar was headed by Charles Debattista, a member of the Consultative Group for UCP600, vice-chair of the ICC's Commission on Commercial Law and Practice and a member of its Banking Commission.
The objective of this seminar was to ensure that its trade finance specialists were fully aware of the changes in UCP 600 before the changeover from UCP 500 on 1st of July, 2007.
The Uniform Customs and Practice for Documentary Credits (commonly referred to as UCP) were first established by ICC in 1933. This revision of the UCP is the sixth revision of the rules since they were first circulated in 1933 and is the fruit of more than three years of work by the International Chamber of Commerce's (ICC) Commission on Banking Technique and Practice.
Prof. Debattista will also be one of the main speakers at a conference entitled 2007 Symposium on International Trade - UCP600 Rules - A Major Turning Point which will be held by FIMBank on June 11-12 at the Corinthia San Gorg Hotel, St Julian's.
Other speakers will be Celia Gardiner (Reeds Smith Butler LLP London); Roger Jones (chairman of ICC UK Banking Commission); Alexander Layton (advisor and advocate London); Salvatore Maccarone (chairman ICC Italy Banking Commission) and Vincent Maulella (Trade and Bank Consultant).Experts from around the world will be invited to attend and share their experiences.
Further information and online registration can be accessed on www.fimbank.com or phone 2132 2100.
The UCP remain the most successful set of private rules for trade ever developed and FIMBank will be one of the banks dealing in global trade finance to be UCP 600 ready.
The seminar was headed by Charles Debattista, a member of the Consultative Group for UCP600, vice-chair of the ICC's Commission on Commercial Law and Practice and a member of its Banking Commission.
The objective of this seminar was to ensure that its trade finance specialists were fully aware of the changes in UCP 600 before the changeover from UCP 500 on 1st of July, 2007.
The Uniform Customs and Practice for Documentary Credits (commonly referred to as UCP) were first established by ICC in 1933. This revision of the UCP is the sixth revision of the rules since they were first circulated in 1933 and is the fruit of more than three years of work by the International Chamber of Commerce's (ICC) Commission on Banking Technique and Practice.
Prof. Debattista will also be one of the main speakers at a conference entitled 2007 Symposium on International Trade - UCP600 Rules - A Major Turning Point which will be held by FIMBank on June 11-12 at the Corinthia San Gorg Hotel, St Julian's.
Other speakers will be Celia Gardiner (Reeds Smith Butler LLP London); Roger Jones (chairman of ICC UK Banking Commission); Alexander Layton (advisor and advocate London); Salvatore Maccarone (chairman ICC Italy Banking Commission) and Vincent Maulella (Trade and Bank Consultant).Experts from around the world will be invited to attend and share their experiences.
Further information and online registration can be accessed on www.fimbank.com or phone 2132 2100.