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BREAKING: The Surrendered Bill of Lading Briefing has been published

The ICC have published Technical Advisory Briefing No. 17: Handling of ‘surrendered’ bills of lading under documentary credits subject to UCP 600

The Briefing is (I hope) the end of a loooong process which has been covered in this blog. Here is an overview:

Blog post, 21 January 2025: The query was circulated in advance of the February 2025 ICC Banking Commission Meeting: New Draft Opinion from the ICC

Blog post, 17 February 2025: Thoughts after the February 2025 ICC Banking Commission Meeting where the query was held over to the next meeting: I surrender - Thoughts on Draft ICC Opinion TA949: Surrendered Bill of Lading

Blog post, 15 May 2025: The revised query was circulated in advance of the August 2025 ICC Banking Commission Meeting: New Draft Opinion from the ICC – and two more to come

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