ICC Uniform Rules for Demand Guarantees

ICC Uniform Rules for Demand Guarantees (URDG)

Including Model Forms Implementation

Date: 1 July 2010

Related Events: ICC Bulgaria Seminar on the 2010 revision of the Uniform Rules for Demand Guarantees (URDG), Sofia, 12 -13 April 2010 - please see http://www.icc-bulgaria.bg/bg/events/view/10

The ICC Uniform Rules for Demand Guarantees (URDG), first adopted in 1991, reflect international standard practice in the use of demand guarantees while at the same time balancing the legitimate interests of all parties. In the years since their adoption, the URDG have gained increasingly broad international acceptance and official recognition and use by bankers, traders, industry associations and international organizations including UNCITRAL, FIDIC and the World Bank.

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Uniform Customs and Practice for Documentary Credits (UCP 600)

Used by letter of credit practitioners worldwide, the Uniform Customs and Practice for Documentary Credits (UCP) are the most successful private rules for trade ever developed. Bankers, traders, lawyers, transporters, academics and all who deal with letter of credit transactions worldwide, will refer to UCP 600 on a daily basis.

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Dossier VI - Written Evidence and Discovery in International Arbitration

Documentary evidence is at the heart of the arbitral process and arbitrators are increasingly confronted with new challenges, such as requests for E-Discovery, objections to confidentiality and privilege or fraud and forgery. Dossier VI seeks to encourage reflection on future practice in relation to documentary evidence in international arbitration.

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