Abstract
Analyses both the English strict compliance principle, concerning the enforceability of letters of credit, and its generated rules to examine their compatibility with the Uniform Customs and Practice for Documentary Credits (UCP 600) and the 2013 International Standard Banking Practice guidance on documentary credits. Assesses the effectiveness of the English common law rules that are inconsistent with UCP 600.
Original language | English |
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Pages (from-to) | 71-81 |
Journal | Journal of International Banking Law and Regulation |
Volume | 29 |
Issue number | 2 |
Publication status | Published - 28 Feb 2014 |