ICC Rules and Tools for International Trade: Operations, legal cases and proven trade finance strategies

24 & 25 April 2014 · Corus Hotel Kuala Lumpur

Jointly organised by ICC Malaysia & ICC Bangladesh

11 PDUs for CDCS

Registered with the ifs as a course for the Certified Documentary

Credit Specialist re-certification programme

0830 Registration

0900 Welcome Remarks & Introduction of Speaker

by ICC Malaysia

Address

by ICC Bangladesh

0930 International Trends and Development

• Use of Independent Bank Undertakings in International Trade

• Key elements of Independent Bank Undertakings

• The Parties to the Independent Bank Guarantee

• Bank Obligations

• ICC Banking Commission Approach to Demand Guarantees

1030 Networking Coffee Break

1100 Independent Bank Undertakings in various countries

• Tender Bonds and Guarantees

• Performance Guarantees

• Financial Guarantees

• Counter Guarantees

• On Demand and Conditional Guarantees

1300 Lunch

1400

1530 Networking Coffee Break

1600 Incoterms® 2010

• Key changes from Incoterms 2000

• Transfer of costs and risk

• Impact of local law on international practice

• Modification or variants of Incoterms 2010 ®

• Single mode maritime Incoterms

• All mode Incoterms

• How to uses the Incoterms 2010 ®

• Building a price quotation compatible with Incoterms

• Insurance obligation for goods in transit

• Selection of correct transport document

New International Standard Banking Practice (ISBP)

• Language of documents

• Authentications and Corrections

• Goods description and avoiding conflict

• Copy documents

• Signing of Bills of Lading

• Documents acceptable as presented

• Inspection Certificates

• Applying ISBP2013 in practice

• Document checking exercises

1730 End of Programme

Programme

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Programme

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0900 Uniform Rules on Demand Guarantees - URDG 758

• Practical application

• Fundamental Changes in Approach

• Key Provisions

• Independence of Guarantee &

Counter Guarantee

• Non- documentary conditions

• Variation of amount of guarantee

• Presentation, Information about

demand

• Separateness of each demand

• Examination

• Extend or pay

1000 Networking Coffee Break

1015 New Uniform Rules of Bank Payment Obligation (URBPO)

• URBPO key features

• Obligor bank

• Confirmation possibilities

• Baseline establishment

• Date sets

1130 Question & Answer

1200 Lunch / End of Programme

• Non complying demand

• waiver and notice

• Reduction and termination

• Disclaimers

• Limits on extension from liability

• Indemnity for foreign laws and

usages

• Liability for charges

• Transfer of guarantee

• Assignment of proceeds

• Governing law

• Jurisdiction

The workshop will be case studies-driven to achieve practical benefits in the

day-to-day documentary credit operations and risk management.

The workshop is designed for participants to:

• Understand international trade finance scenario and ICC rules & tools

• Understand the new provisions and the impact of how the changes impact users with legal

certainty to trade

• Be guided to undertake secure international trade and finance and to avoid risks in cross-border

transactions

• Learn, from case studies, the experience of users of ICC trade facilitation rules

Objectives

Vincent O’ Brien

Vincent is Chair of the ICC’s Education and Market Intelligence Group and a

Member of the ICC Banking Commission Executive Committee. He has more than

20 years international trade banking experience and has delivered trade finance

technical assistance and training in more than 50 countries. He also has a role as

Documentary Credits Specialist in trade facilitation for UNCTAD. He acts as

Technical Trade Advisor to China Systems, the largest trade finance vendor in the

world.

He has contributed expert content in the development of ICC’s Online Training

Programmes for Trade Finance Operations and in the application of ICC’s trade

facilitating rules. He is regularly involved as an expert witness in arbitration and

legal cases and is highly regarded for speaking his mind and his ability to explain

complex situations and structures in a clear and straightforward manner.

About the Speaker

To: ICC Malaysia Attn: Lily Hee� Email: iccm@iccmalaysia.org.my� Tel: 03-62867200 � Fax: 03-62741266

Please register the following participant(s). (if space is insufficient, attach a separate list)

Name Designation Email

1.________________________________________________________________________________________________________

2.________________________________________________________________________________________________________

3.________________________________________________________________________________________________________

4.________________________________________________________________________________________________________

Payment:

CANCELLATION POLICY: Cancellation must be in writing to ICC Malaysia. Registration may be transferred to another person at no extra charge. The refund policy is: Within 2 days of event – no refund. Between 3-6 days – 50% refund. 7 days

prior to event – full refund.

ICC Malaysia reserves the right to alter, cancel or reschedule the programme. All efforts will be taken to inform participants

of any changes.

Submitted by:

Name:________________________________________________ Designation:_____________________________________

Company:________________________________________________________________________________________________

Address:__________________________________________________________________________________________________

_______________________________________________________________________________________________________

Tel No.:_______________________________________ Email:______________________________________________________

By cheque

Please send your cheque made payable to

“FMM – ICC Malaysia” along with a copy of the

completed Registration Form to the following

address:

ICC Malaysia

Wisma FMM, No 3

Persiaran Dagang, PJU 9,

Bandar Sri Damansara,

52200 Kuala Lumpur

By bank transfer

Please ensure that you send a copy of the pay-in slip/

remittance advice along with a copy of the completed

Registration Form by fax to

03-62741266 or email to iccm@iccmalaysia.org.my

Bank Account details:

A/C Name: FMM-ICC Malaysia

A/C No.: 5-14208-24289-3

Bank : Maybank Bhd

Address: Kepong Branch, No. 8-10, Jalan 53, Desa Jaya,

Kepong, 52100 Kuala Lumpur

Closing date for registration: 16 April 2014

ICC Rules and Tools for International Trade: Operations, legal cases and proven trade finance strategies

24 & 25 April 2014 � Corus Hotel Kuala Lumpur

Registration Form:

• Bank Officers & trade finance professionals

• Certified Documentary Credit Specialists (CDCS)

• Managers & Executives involved in negotiating

international sales contracts, finance and shipping

• Lawyers in banking practice area

• Export/Import Consultants & Advisors

Who Should Attend

(includes course materials, lunches & refreshments)

ICC Members…………RM1,300.00 per participant

Others .………………... RM1,600.00 per participant

• Group discount of 5% per participant for 3 or more

participants from the same organisation and of the

same billing source.

More information? Contact: Lily Hee / Angelina at iccm@iccmalaysia.org.my | +603-62867200

Participation Fee