ICC Banking Commission Opinions 2017: New opinions on UCP 600, ISBP 745, URC 522

This volume of ICC Banking Commission Opinions contains the Opinions R886 – R900 that were approved by the Commission in 2017 (Jakarta – April, London – November).

As with previous volumes, the majority of Opinions are in respect of transactions subject to UCP.  However, there are also Opinions referring to the content of ISBP 745 as well as an Opinion on URC 522.

Practitioners should note that Opinions respond to specific questions raised by queries submitted to the Banking Commission, and the conclusions are very often limited to the facts outlined in that particular case.