UCP 600: Uniform Customs and Practice for Documentary Credits - The primary international rules governing letters of credit operations
ISBP: International Standard Banking Practice - Detailed guidelines for examining documents under UCP 600
Bills of Exchange Act 1882: UK legislation governing negotiable instruments including aspects of documentary credits
Sale of Goods Act 1979: UK legislation governing sale of goods contracts which often underlie letters of credit transactions
ICC Rules: International Chamber of Commerce Rules providing framework for international banking operations
ISP98: International Standby Practices - Rules governing standby letters of credit
Financial Services and Markets Act 2000: Primary UK legislation regulating financial services and markets, including banking activities
Financial Services Act 2012: UK legislation amending financial services regulation and establishing new regulatory framework
UK Money Laundering Regulations 2017: Regulations governing anti-money laundering requirements in financial transactions
PRA Requirements: Prudential Regulation Authority requirements for banks and financial institutions
FCA Regulations: Financial Conduct Authority regulations governing financial services and consumer protection
Bank of England Regulations: Central bank regulations affecting banking operations and monetary policy
Doctrine of Autonomy: Common law principle establishing independence of letter of credit from underlying transaction
Strict Compliance Principle: Common law principle requiring exact compliance with letter of credit terms
Fraud Exception: Common law principle allowing interference with payment under letter of credit in cases of fraud
Retained EU Legislation: EU banking and finance laws retained in UK law following Brexit
