UCP 600: Uniform Customs and Practice for Documentary Credits - Primary international rules governing letters of credit operations globally
ISBP: International Standard Banking Practice - Detailed guidelines for examining documents under UCP 600
ICC Rules: International Chamber of Commerce Rules providing framework for international trade practices
Bills of Exchange Act 1882: UK legislation governing negotiable instruments and bills of exchange
Sale of Goods Act 1979: UK legislation governing contracts for the sale of goods
Unfair Contract Terms Act 1977: UK legislation limiting the extent to which civil liability for breach of contract can be avoided
Contracts (Rights of Third Parties) Act 1999: UK legislation governing third party rights in contractual arrangements
Doctrine of Strict Compliance: Common law principle requiring exact compliance with documentary credit terms
Autonomy Principle: Common law principle establishing letters of credit as independent from underlying transactions
Fraud Exception: Common law principle allowing interference with payment under letter of credit in cases of fraud
Financial Services and Markets Act 2000: UK legislation regulating financial services and markets
UK Money Laundering Regulations 2017: Regulations implementing anti-money laundering measures in the UK
FCA Regulations: Financial Conduct Authority regulations governing financial institutions and services
SWIFT Standards: Global messaging standards for banking communications
ISO 20022: International standard for electronic data interchange between financial institutions
Export Control Order 2008: UK legislation controlling the export of strategic goods and technology
Trade Sanctions Regulations: Various regulations governing international trade restrictions and sanctions
Rome I Regulation: Retained EU law determining which law applies to contractual obligations
