URDG758 - Why it Matters
URDG758 – Why It Matters
The new Uniform Rules for Demand Guarantees (URDG758) approved by the International Chamber of Commerce (ICC) entered into force on 1 July 2010.
In creating URDG758, aspects of the new rules derive from UCP600 and ISP98. In other instances, the drafters relied on other rule-making strategies. To help specialists make sense of the new rules, the Institute has developed "URDG758 Compared with ISP & UCP Rules for Guarantees & Standbys". This comprehensive 7.5 hour programme features presentation slides and an objective audio analysis by a lawyer who is intimately familiar with guarantee & standby practice. For more information, click here .