INTERNATIONAL BANKING - ICC India

About this title:
With its clear and comprehensive commentary on the rules and the
accompanying model forms, this Guide to ICC URDG 758 provides the key to a
successful guarantee practice in all sectors and jurisdictions. URDG 758 came
into effect on 1 July 2010 and was officially endorsed by the UN Commission
on International Trade Law (UNCITRAL) at its 44th annual session in Vienna in
July 2011.
The authors have put the essence of their experience in researching, practising and teaching
the law and practice of demand guarantees over a period of twenty years into this work. They
also give deeper insight into the revision process leading to URDG 758, revealing the
background of each policy choice and drafting decision they took while drafting the rules. Case
studies throughout the Guide support and enliven the comprehensive analytical commentary
on the rules.
This Guide debunks the many myths about international guarantee practice and identifies
pitfalls to avoid. Further, it tracks in detail the seven key stages of a URDG guarantee's lifecycle:
- Drafting
- Issuance
- Changing of terms
- Making a presentation
- Examining the presentation
- Making payment
- Termination of the guarantee and counter-guarantee.
For More Information contact :
ICC India
Tel : +91 11 23322472, 23738760-70 Extn : 375
Email : iccindia@iccindiaonline.org
Guide to ICC Uniform Rules for Demand
Guarantees
URDG 758
Dr. Georges Affaki, Sir Roy Goode
ICC Publication No. 702, 2011 Edition
Price : Rs 10500 (Paper)
Rs 9500 (Ebook)