ICC Rules for Demand Guarantees (URDG 758): Launch of New Rules
BankingMar 18,2010 - Mar 18,2010
ICC International Headquarters, Paris, Ile-de-France, France
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Highlights
The long-awaited revision of the URDG 458, two and a half years in preparation, will enter into force on
1 July 2010. The revision, the first in 18 years, contains major changes to rules which apply to billions of dollars of demand guarantees securing monetary and performance obligations in a wide array of international and domestic contracts.
For the first time since the adoption of the URDG 758, members of the URDG Drafting Group will come together to give a full public presentation on the new rules. They will take you through each stage of the guarantee lifecycle, drawing your attention to new provisions that you and your colleagues will need to know.
Panellists will highlight all the key changes and demonstrate how a consistent use of the URDG 758 and their accompanying model guarantee form can significantly curb the rate of rejection of demands and increase the certainty of the instrument.
Event Reminder
- Registration Open
- Call for Papers
- Call for Speakers
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Event Profile
- Theme: Banking
- Speakers: Georges Affaki, Andrea Hauptmann, Glenn Ransier, Roeland Bertrams, Kate Richardson
- Attendees: Experts in international demand guarantees, trade finance operations professionals, risk managers, export/import trading professionals, lawyers, academics, etc
Contact Details
- Contact person: Jennie Irving
- Event website: http://www.iccwbo.org/events/registrationrol.aspx?CodeICMS=S1010&langtype=1033
- Phone: +33 1 49 53 28 70
- Fax: +33 1 49 53 30 30
Tags
- Tag: banking finance management
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