More than 2,000 financial institutions have signed up for the "Know Your Customer (KYC) Registry", SWIFT's centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.
Recognising that there is no global standard for the defining Trade Finance, this Briefing document provides a suggested text and has been recommended for use by the ICC Banking Commisison Steering Committee...more
This briefing, focussing on the acceptance and rejection of amendments, describes the necessary process for the proper handling of tamendments and the best practices associated with determining their acceptance or rejection...more
