UCP 600: Uniform Customs and Practice for Documentary Credits - The globally recognized standard rules that govern the operation of Letters of Credit
Bills of Exchange Act 1882: Primary UK legislation governing negotiable instruments, including certain aspects of Letters of Credit
Sale of Goods Act 1979: Key legislation governing the sale of goods in England and Wales, relevant for the underlying transaction in Letters of Credit
Contracts (Rights of Third Parties) Act 1999: Legislation governing third party rights in contracts, relevant for beneficiaries in Letters of Credit
Housing Grants, Construction and Regeneration Act 1996: Also known as the Construction Act, this legislation provides the framework for construction contracts in the UK
Construction Contracts (England and Wales) Exclusion Order 2011: Specifies which types of construction contracts are excluded from certain provisions of the Construction Act
Local Democracy, Economic Development and Construction Act 2009: Updated provisions to the Construction Act, including payment and adjudication procedures
Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001: Specifies which activities require authorization under financial services regulations
Money Laundering Regulations 2017: Regulations governing anti-money laundering requirements for financial transactions
International Standard Banking Practice (ISBP): International guidelines for examining documents under Letters of Credit
Insolvency Act 1986: Legislation governing insolvency proceedings, relevant in cases of contractor failure
Counter-Terrorism and Security Act 2015: Legislation containing provisions relevant to financial transactions and compliance requirements
Fraud Act 2006: Legislation dealing with fraud offenses, relevant for protecting against fraudulent Letters of Credit
