Introduction to the NEW Uniform Rules for Digital Trade Transactions (URDTT) 

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The Uniform Rules for Digital Trade Transactions came into force from 1 October 2021. These Rules are designed to support an overarching framework outlining obligations, rules, and standards for the digitalisation of trade transactions. 

The Rules are radically different to any other rules previously published by the International Chamber of Commerce (ICC). Not only is this the first set of Rules designed to govern transactions in an entirely digitalised environment, but it is also the first set of Rules designed to recognise the role of the corporate as well as the role of the growing number of non-bank service providers who are increasingly active in this space.    

During this one-hour session, members of the URDTT drafting group David Hennah, Co-chair of the URDTT drafting group along with David Meynell, Senior Technical Advisor, ICC Banking Commission and John Bugeja, Managing Director, Trade Advisory Networkwill talk us through: 

  • Why is there a need for the URDTT? 
  • What is the relationship between URBPO, eUCP and URDTT? 
  • How will the URDTT be applied in practice? 
  • What is the key content of the URDTT?

Who should attend? 

General practitioners working in corporates, financial institutions and fintechs with an interest in trade and supply chain finance. 

Date and Venue

Date: 27 January 2022
Time: 07.00 (New York) I 13.00 (Paris) I 20.00 (Singapore)
Live Duration: 1 hour (followed by 15 minutes Q&A)
Location: ICC Academy’s Online Classroom (Zoom)

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