UCP 600: Uniform Customs and Practice for Documentary Credits - The international rules that govern the operation of Letters of Credit, including SBLCs
ISP98: International Standby Practices - Specific rules governing standby letters of credit, complementing UCP 600
FSMA 2000: Financial Services and Markets Act 2000 - Primary UK legislation regulating financial services and markets, including banking instruments
Bills of Exchange Act 1882: Historic UK legislation governing negotiable instruments and various forms of banking documents
English Common Law: Fundamental contract law principles including offer, acceptance, consideration, and intention to create legal relations
FCA Regulations: Financial Conduct Authority regulations governing financial institutions and their instruments in the UK
PRA Requirements: Prudential Regulation Authority requirements for banks and financial institutions issuing banking instruments
Money Laundering Regulations 2017: UK regulations requiring due diligence and verification procedures in financial transactions
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, relevant for financial transactions
ICC Rules: International Chamber of Commerce rules and standards for international banking operations
Basel Committee Guidelines: International banking supervision guidelines affecting bank capital requirements and risk management
Financial Services (Banking Reform) Act 2013: UK legislation implementing structural reforms to the banking sector
Unfair Contract Terms Act 1977: Legislation controlling unfair terms in contracts, particularly relevant for standard form contracts
Fraud Act 2006: Criminal law legislation relevant for preventing fraudulent activities in financial transactions
Sanctions and Export Control Laws: Various international and UK laws governing international transactions and restricted parties
