| Time |
Programme |
| 08:45 09:15 |
Registration |
| 09:15 09:20 |
Introduction and aims of the seminar |
| 09:20 10:15 |
Understanding the main rules of UCP 600 and how they should be correctly implemented/applied |
| 10:15 11:00 |
Review of the critical ICC Opinions given since the implementation of UCP 600 - their impact upon the application of UCP and for documentary credits in general |
| 11:00 11:15 |
Break
|
| 11:15 12:30 |
The users speak. An opportunity to have your questions and concerned reviewed and commented upon. It is often the case that not everyone has an opportunity to air their issues. This session ensures that there is time to review all your questions and the audience will have access to the text of the questions and their answers.
Questions for this session must be submitted to ICC Singapore by 26 January 2009 |
| 12:30 13:30 |
Lunch |
| 13:30 14:45 |
Reviewing refusal notices of banks to determine correctness and applicability. Incorrect refusal notices are still an issue globally and the impact on banks can be significant |
| 14:45 15:00 |
Break |
| 15:00 15:45 |
With the current financial crisis, there is temptation for applicants and banks to take advantage and refuse documents for unwarranted reasons. This session will not only look at examples of these transactions but also look at how issuing banks and applicants can secure their position without the need for undermining the UCP and the documentary credit as an international payment product |
| 15:45 16:30 |
Applying the UCP 600 on a day-to-day basis |
| 16:30 17:00 |
How alternative forms of documentary credits can serve applicants and beneficiaries |
| 17:00 17:30 |
Final Question and Answer session and wrap-up |
