EVENTS

Forthcoming Activities
ICC India – HSBC - MCCIA Seminar on Letters of Credit, Guarantees & URBPO
January 17, 2014 - Pune
Registration Form
Preliminary Programme

Venue: MCCIA, Trade Tower, ICC Complex,  5th Floor, Senapati Bapat Road, Pune

The one-day seminar will focus on important issues like Structuring import transactions through letter of credit; Precautions to be taken by the importer; Discussion on MT 700 LC format with relevant UCP 600 Articles; Relevance of Incoterms 2010 in establishing LC with case study; Managing exports; with letters of credit; Check list for exporters at the time of receipt of LC; Conditions to be avoided in LC; Significance of Field No.46 A – documents required; Field 47A – additional Conditions; Specific reference to ISBP 745 with case study; Bank guarantees and URDG 758; Features of URDG 758 with case study ; Comparative analysis of URDG 758, ISP98 & UCP 600; ICC Banking Commission opinions on UCP 600/URDG 758; Overview on Bank Payment Obligation (BPO); How does it operates; ICC Uniform Rules for Bank Payment Obligations (URBPO).

The seminar will be led by Mr K Parameswaran, Corporate Advisor and a leading trade expert in International Trade and Finance. He started his career as a banker and spent more than 40 years, has now been practising in the field of International trade and finance. He is associated with ICC India, an Indian affiliate of Paris based International Chamber of Commerce. 

 

Workshops on “ISBP & URBPO – Practical Application”
February 10 -13, 2014 – New Delhi, Chennai and Mumbai

Registration Form
Preliminary Programme

ICC India, in association with ING Vysya Bank, will be organizing workshops on “ISBP & URBPO – Practical Application” as per the following schedule:

  • February 10, 2014 – FICCI, Federation House, Tansen Marg, New Delhi
  • February 12, 2014 – Hotel Taj President, Cuffe Parade,  Mumbai
  • February 13, 2014 –  Hotel GRT Grand, T Nagar, Chennai

The workshop will focus on issues like Language of documents; Authentications and Corrections ;Goods description and avoiding conflict; Copy documents; Signing of Bills of Lading; Documents acceptable as presented; Inspection Certificates; Applying ISBP2013 with practical; ISBP – practical application through cases; URBPO key features ; Baseline establishment; Data sets; Data matching; Data Mismatches; BPO simulation and Messaging Standards and ISO.

The workshops will be led by Mr Vincent O'Brien, Chair of the ICC Banking Commission, Market Intelligence Group.

This workshop will be of benefit to officials of banks, exporters and importers as well as professionals working in banks' trade finance and risk management departments. It is also of interest to transport companies and other third party services providers who support exporters and importers in international trade. Banking and commercial lawyers will also gain an insight into developments in documentary credit operations and understand how to apply the ISBP in practice.

 

Past Activities

ICC India – ICC International Court of Arbitration seminar on“Need for Effective Institutional Arbitration”
September 11, 2013, New Delhi

ICC India in association with ICC International Court of Arbitration, is organizing an International Seminar on “Need for Effective Institutional Arbitration” on September 11, 2013, at Federation House, Tansen Marg, New Delhi.

This seminar will focus on the need for effective Institutional arbitration vs ad-hoc arbitration with the help of case studies besides discussing the experience of uses with new ICC rules of arbitration. The seminar assumes special significance as the ICC rules of arbitration are used worldwide to resolve hundreds of business disputes each year.
 
Mr Andrea Carlevaris, the recently appointed Secretary General, ICC International Court of Arbitration, Paris and Ms Khong Cheng-Yee, Director and Counsel, Secretariat of the ICC International Court of Arbitration, Asia Office, have agreed to join us at the seminars. Other eminent speakers who will address the participants include experts in the field of arbitration from India and abroad.

Registration Form
Programme
Brochure

ICC India - BNP Paribas - FICCI
Seminar on Letters of Credit& UCP 600, revised ISBP 745 and URBPO
as per the following schedule:

  • July  24, 2013 – Hotel Taj Banjara, Road No 1, Banjara Hills, Hyderabad
  • July 26, 2013 – Hotel Pride, Judges Bungalow Road, Off S.G. Road, Ahmedabad

The one-day seminar will focus on important issues like structuring import transactions through letter of credit; precautions to be taken by the importer while submitting LC application form to the Issuing bank ; discussion on MT 700 LC format with relevant UCP 600 articles ; relevance of INCOTERMS 2010 in establishing letters of credit; managing exports with letters of credit - discussion on LC format with relevant UCP 600 provisions ; check list for exporters at the time of receipt of Letter of credit– conditions to be avoided; presentation of documents – how to avoid commonly observed discrepancies ; detailed discussion with relevant ISBP 745 – brief comparison of ISBP 681 & 745 – with case study; what is the BPO? How does it operate and ICC Uniform Rules for Bank Payment Obligations (URBPO).

The seminars will be led by Mr K Parameswaran, Corporate Advisor and a leading trade expert in International Trade and Finance. He started his career as a banker and spent more than 40 years, has now been practising in the field of International trade and finance. He is associated with ICC India, an Indian affiliate of Paris based International Chamber of Commerce.

Registration Form
Programme
 

ICC India – Standard Chartered Bank Seminar on “Revised ISBP and URBPO”
May 20-24, 2013, New Delhi, Chennai and Mumbai

ICC Banking Commission is shortly coming out with the revised rules for the International Standard Banking Practice for the Examination of Documents (“ISBP”) and Uniform Rules for Bank Payment Obligations (URBPO).

The seminars will focus on issues like purpose and scope of ISBP; relationship of ISBP to UCP; why the need for a revision; enforcement of ISBP practices; using ISBP in a bank or corporate capacity; a review of the general principles - what has changed, what has been added and why; changes to the transport documents; applying ISBP practices in respect of the other documents that are covered changing and what new documents have been added; what is the BPO? how does it operate, why would one be used and who is involved in a BPO transaction? An overview of reported transactions; the ICC Uniform Rules for Bank Payment Obligations (URBPO); what is included and how to apply them.

The one-day seminars will look at all these issues in detail and by the use of case studies demonstrate how importers and exporters can better manage the risks associated with international trade products.

The seminars will be led by Mr Gary Collyer, Senior Technical Advisor to the ICC Banking Commission.
It is against this backdrop that ICC India, in association with Standard Chartered Bank, will be              organizing seminar series on “Revised ISBP and URBPO” as per the following schedule:

  • May 20, 2013 – FICCI, Federation House, Tansen Marg, New Delhi
  • May 22, 2013 – Hotel GRT Grand, T Nagar, Chennai
  • May 24, 2013 –  Hotel Taj President, Cuffe Parade,  Mumbai

Who should attend?

This training will be of particular interest to:

  • Contract/Execution managers involved in the export and import of goods;
  • Trade finance officers in banks;
  • Export or Import consultants and advisors
  • Professionals working in finance and risk departments
  • In-house freight and carriage operatives with carriers;
  • In-house insurance specialists with insurance companies;
  • In-house members of the legal profession advising any of the above;


Registration Form
Programme
 

ICC Asia Pacific CEO forum
March 07-08, 2013, New Delhi

Objective

The inaugural ICC Asia Pacific CEO Forum in New Delhi will bring together senior business leaders from the region, and beyond, to discuss how the Asia-Pacific region can help stimulate the global economy.

It will provide an opportunity for high level networking and exploring business connectivity with an expected participation of around 60 CEOs from Asia Pacific, Europe, Middle East and US, besides senior industry and government leaders from India. The Forum will also develop high level policy messages on key issues affecting economic growth in the region to G20 leaders in advance of the 2013 G20 Summit in Russia.

Participating countries

Australia, Bangladesh, China, Chinese Taipei, Hong Kong China, Indonesia, Japan, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Sri Lanka, Thailand, France, Pakistan, Finland, US, Mexico.

Who should attend?

  • Senior business leaders
  • Senior opinion makers

Venue
Federation House
Tansen Marg
New Delhi, India

 

Flyer
Participant Guideline
Programme
Visiting delegates List

ICC India - J P Morgan Seminars on UCP 600 and the Documentary Credit - opinions, experiences and innovations after 5 years
February 5-8, 2013, New Delhi, Mumbai, Chennai

The seminar series will essentially be focusing on UCP 600 and Documentary Credits with focus on practical cases. It will provide a comprehensive review of the application of the UCP 600 in the global environment and take a detailed technical look at proven methods of generating discrepancy free transport  and commercial documents for presentation under Documentary Letters of Credit based on the UCP 600 rules and international standard banking practice.

This seminar series will have a broad focus on  “dealing with the challenge of generating and presenting discrepancy free transport documents thus facilitating effective and timely conclusion of contracts and positively managed international trade cash flow and security of payment”. 

Innovations in trade finance such as the Bank Payment Obligation (BPO), Standby LC’s securing ongoing shipments, Technology for Trade, and high profile legal cases and ICC Official Opinions will also be explored.

The seminars will be led by Mr Vincent O’Brien, Chair, ICC Banking Commission, Market Intelligence Group.
The seminar Schedule:

  • February 05, 2013 – FICCI, Federation House, Tansen Marg, New Delhi
  • February 07, 2013– Hotel Taj President, Cuffe Parade, Mumbai
  • February 08, 2013–  Hotel GRT Grand, T Nagar, Chennai

Who should attend?

This training will be of particular interest to:

  • Contract/Execution managers involved in the export and import of goods;
  • Trade finance officers in banks;
  • Export or Import consultants and advisors
  • Professionals working in finance and risk departments
  • In-house freight and carriage operatives with carriers;
  • In-house insurance specialists with insurance companies;
  • In-house members of the legal profession advising any of the above;
Programme
ICC India – ICC International Court of Arbitration Seminar on “International Arbitration in India - ICC 2012 Rules of Arbitration”
December 03 – 05, 2012, Mumbai & Bengaluru
 
ICC Taxation Commission Meeting & International Taxation Roundtable
November 21-22, Federation House, New Delhi, India
 

ICC India- Standard Chartered Bank Workshops on “Managing Risks in International Trade Finance”
October 8 - 11, 2012, New Delhi, Chennai and Mumbai

  • October 08, 2012 – FICCI, Federation House, Tansen Marg, New Delhi
  • October 10, 2012 – Hotel GRT Grand, T Nagar, Chennai
  • October 11, 2012 –  Hotel Trident, Nariman Point,  Mumbai

The workshops will focus on issues like understanding the risks associated with international trade finance and how to mitigate them; identification of key risks while conducting trade internationally in respect of the more common forms of trade settlement and how they may be mitigated; how to mitigate risks by paying attention to details and choosing the right form of financing; overview of key clauses in ICC rules and publications – UCP, URR, URC and ISBP, forfaiting and factoring.

The one-day workshops will look at all these issues in detail and by the use of case studies demonstrate how importers and exporters can better manage the risks associated with international trade products.

The workshop will be led by Mr Gary Collyer, Senior Technical Adviser to the ICC Banking Commission.

The sessions will offer the participants, a valuable opportunity to bring their experiences and concerns to the debate and get clarifications from the acknowledged expert on trade finance.

Programme
New Delhi
Chennai
Mumbai
 

ICC India BNP Paribas Seminars on Letter of Credit Transactions- Operational Issues
July 18, 2012, Pune and August 10, 2012, Bengaluru

ICC India in association with BNP Paribas organised the seminar on Letter of Credit Transactions - Operational Issues as per the following schedule:

  • July 18, 2012 –  MCCIA, Trade Tower, ICC Complex,  A & B Wing, 5th Floor Senapati Bapat Road, Pune
  • August  10, 2012 – Hotel Fortune Park JP Celestial, 5/43 Race course Road, Bengaluru

During the recession of economy counter party default risk is one of the important factors to be considered in foreign trade.  In exports, overseas buyer may try either to delay or defer the payment because of the present economic conditions.  In imports, importer may not be able to get the desired goods at the desired time and at the desired destination. 
At the time of drafting the commercial contract, two major issues are to be considered.  They are:

  • terms of delivery  - which will have an impact on the deciding the expenses relating to delivery of goods and transference of risk from seller to buyer at which point
  • terms of payment – either advance payment or through letter of credit payable at sight or on due date etc.,

Who should attend?

This training will be of particular interest to:

  • Contract/Execution managers involved in the export and import of goods;
  • Trade finance officers in banks;
  • Export or Import consultants and advisors
  • Professionals working in finance and risk departments
  • In-house freight and carriage operatives with carriers;
  • In-house insurance specialists with insurance companies;
  • In-house members of the legal profession advising any of the above;

In fact, anyone who is interested in learning about Incoterms, Letters of Credit and other transport Documentation and the technical application of ICC rules will find this practical seminar of tremendous benefit.

 

The seminar will be led by Mr. K. Parameswaran is a Corporate Advisor and Trainer in International Trade and Finance.  He started his career as a banker and spent more than 40 years, has now been practising in the field of International trade and finance. He is associated with ICC India, an Indian affiliate of Paris based International Chamber of Commerce.

 

ICC India – ICC International Court of Arbitration Seminar on ICC 2012 Rules of Arbitration– Focus on India”
April 21, 2012, Federation House, Tansen Marg, New Delhi

The main objective of this seminar is to provide greater understanding of the revised ICC Rules of arbitration which reflect the growing demand for a more holistic approach to dispute resolution techniques. The 2012 ICC Rules of Arbitration are the result of a two year revision process undertaken by 620 dispute resolution specialists from 90 countries

Accordingly, the subjects for discussion will include commentary on ICC 2012 rules of arbitration and a statistical overview of ICC arbitration in Asia, insights into the ICC rules of arbitration: case studies and an in-depth explanation of the application of ICC rules of arbitration with a focus on cases from India and Asia, developments in international arbitration in India and how ICC2012 rules of arbitration will assist Indian arbitrators. The seminar assumes special significance as the ICC rules of arbitration are used worldwide to resolve hundreds of business disputes each year.

Who should attend: Practitioners; In-house Counsel of corporations (MNCs, SMEs etc) and business users.

Preliminary Programme
Registration Form
Presentations

March 29-31, 2012 in Kunshan, Jiangsu Province, China

CIE, the first national-level import expo, will be held from March 29-31, 2012 in Kunshan, Jiangsu Province, China. This Expo aims to promote and expand import of foreign products and technologies and will provide opportunities for members to explore markets as well as publicize their products and technologies in China.  Exhibitors can also meet new trade contacts and establish new business ventures through various programmes including forums, seminars, etc. held during the Expo.

Along with CIE, China Chamber of Commerce is also organizing Asia Pacific Chambers Congress at Kunshan, Jiangsu Province, China from March 29 to the morning of March 30 with participation of senior industry representatives from this region.

ICC India will be organizing a business delegation under the leadership of our President Mr Raghu Mody.

Brochure
Invitation

 

81st  AGM of ICC India
March 23, 2012 at 4:00 Pm

Federation House, Tansen Marg, New Delhi

Theme “ Global Economic Scenario: Implications for India"
About the Event
Programme

ICC India - ING Vysya Bank, Seminars on ' ICC Rules for Trade - ICC Tools for Trade'
Feb 27, Feb 29 and March 02, 2012- New Delhi, Chennai and Mumbai

About the Event

The one-day seminar on essential ICC Rules focusing on UCP 600,  Incoterms® 2010  will provide a comprehensive review of the new Incoterms® rules and take a detailed technical look at proven methods of generating discrepancy free transport  and commercial documents for presentation under Documentary Letters of Credit based on the UCP 600 rules and international standard banking practice.

This seminars will take the ICC rules and empower participants to use them as tools to undertake secure and successful international trade and finance transactions.

Starting with an overview of Incoterms® 2010 and leading onto the actual transport documents, this seminar will quickly evolve from foundation theory into the practical application of the  technical rules of Incoterms® and UCP600 – to manage risk, reduce costs, eliminate unnecessary discrepancies and enhance security of payment and international trade cash-flow;

This seminar will be case study driven and involve participants in an interactive learning experience based on real life cases and situations and demand participants to apply the ICC rules in a professional and success oriented manner.

Who should attend?


This training will be of particular interest to:

  • Contract/Execution managers involved in the export and import of goods;
  • Trade finance officers in banks;
  • Export or Import consultants and advisors
  • Professionals working in finance and risk departments
  • In-house freight and carriage operatives with carriers;
  • In-house insurance specialists with insurance companies;
  • In-house members of the legal profession advising any of the above;

In fact, anyone who is interested in learning about Incoterms, Letters of Credit and other transport Documentation and the technical application of ICC rules will find this practical seminar of tremendous benefit.

ICC India, in association with ING Vysya Bank, will hold one-daySeminars on ' ICC Rules for Trade - ICC Tools for Trade' as per the following schedule:

  • February 27, 2012 – FICCI, Federation House, Tansen Marg, New Delhi
  • February 29, 2012 – Hotel GRT Grand, T Nagar, Chennai
  • March 02, 2012 –  Hotel Trident, Nariman Point,  Mumbai

The seminars will be led by Mr. Vincent O’Brien, Member of ICC Banking Commission & Director, Electronic Business School International.

 

ICC India - IDBI Bank, Seminars on International Trade Frauds and Money Laundering
November 14-17, 2011
Preliminary Programme

 

International commercial frauds know no boundaries and pose immense risks for most companies today. Those that are particularly vulnerable include banks, insurers, financial institutions, businesses, multinational organizations and governments. Understanding and establishing effective methods of preventing and handling these frauds is becoming more and more important especially in the fast globalizing world and increasing international trade.

ICC Commercial Crime Services, which comprise of International Maritime Bureau, the Counterfeiting Intelligence Bureau and the Commercial Crime Bureau, has been at the forefront in investigating, collecting intelligence and evidence and reporting such frauds.To create awareness about the latest variations in banking frauds and commercial crimes, ICC India, in association with IDBI Bank, is organizing one day seminars on “International Trade Frauds and Money Laundering” as per the following schedule :

  • November 14, 2011 – Federation House, Tansen Marg, New Delhi
  • November 15, 2011 – ITC Grand Central, Parel, Mumbai
  • November 17, 2011 –  Hotel GRT Grand, T Nagar, Chennai


The Seminars will be led byCaptain P Mukundan, Director, ICC International Maritime Bureau.

The aim of these seminars is to highlight the types of frauds and money laundering which occur in financial world these days, damage that these incidents cause to its reputation and regulatory compliance issues. These seminars will highlight the procedures and methods which can be used to prevent and tackle frauds and money laundering.

ICC India- ICC Seminar on ICC Arbitration & Amicable Dispute Resolution Focus on India
July 16, 2011, New Delhi
7th World Chamber Congress
Mexico City, 8-10 June, 2011
 
Workshop on "Mastering the Technicalities of Letters of Credit"
By Gary Collyer, Technical Advisor to ICC Banking Commission
16-20 May, 2011- Mumbai, Chennai and New Delhi
   
  • 80th Annual General Meeting of ICC India
    4 p.m. on March 15, 2011 at Federation House, Tansen Marg, New Delhi.

The theme of the Annual General meeting was "Doha Round: The way ahead".
Prof. Anwarul Hoda, Chair Professor - Trade Policy & WTO Research Programme, ICRIER, had joined us on the occasion.

  • INCOTERMS® 2010
    ICC India had organised a series of seminars on Incoterms 2010 during November 2010

As you would be aware, the Paris based International Chamber of Commerce (ICC) will be launching the revised Incoterms 2010 in September this year. The revision which takes place after 10 years, will come into effect from January 1, 2011 and will be a major step forward in helping international trade professionals ensure legal certainties and save both money and time.

Incoterms rules, initially introduced in 1936, were the first attempt to bring coherence to commercial and judicial system that differed widely from one country to another. The revision, the first in this decade, reflects the profound changes that have taken place in global trade since 2000. Incoterms 2010 is more precise and more comprehensive set of rules adapted for the 21st century that offer increased legal certainty in sales transactions between and within countries as well as within customs-free blocks.

As the rules will help , bankers, traders law firms and all others involved in international trade avoid misunderstanding by clarifying costs, risks and responsibilities of both buyers and sellers, ICC India plans to organize the seminar series on Incoterms 2010 in New Delhi , Mumbai and Chennai in the last quarter of this year.

  • ICC Commission on Taxation
    Thursday 28 October 2010, New Delhi, India
  • Roundtable on: Indian Tax Policy and Administration,
    Friday 29 October 2010, New Delhi, India

With increasing pace of globalisation, the landscape of international taxation has witnessed a paradigm shift. The changing world economic dynamics has also contributed to shifting balance of economies and their importance in the world order.

In this evolving scenario, the tax policies of world economies have become more relevant than ever and are becoming decisive of cross-border economic activities. Understanding of the tax administration’s approach in the respective jurisdiction is equally important, as the efficacy of best of the tax policies can be established only through an effective administration.

The ICC Tax Commission’s first India roundtable meeting shall focus on the Indian tax policies and administration. The roundtable is designed to throw open for debate some highly relevant tax policy initiatives and administration issues in Indian context vis-à-vis the evolving global tax policies and best international practices in tax administration.