Our B20 Summit takeaways
The Business 20 (B20) summit hosted by India, was under the theme of ‘RAISE’, an acronym for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses.
ICC and Swift unveil first API standards for guarantees and standby letters of credit
ICC and Swift, the global leader in secure financial messaging services, have released the first application programming interface (API) industry standards for bank guarantees and standby letters of credit.
Tax Policy Recommendations delivered to 1st LATAM and Caribbean Ministerial Summit
The private sector welcomes efforts to enhance international tax cooperation to avoid double taxation and to build greater tax certainty on a global scale.
ICC response to European Commission’s Green Claims Directive
ICC supports the aims of the proposed European Commission’s Green Claims Directive but considers the proposed approach to be misguided.
ICC Institute of World Business Law appoints nine new Council members
The ICC Institute of World Business Law elected nine new Council members on July 10, reflecting its commitment to diversity with its most gender-diverse membership since 1979.
Digitalisation for People, Planet and Prosperity
Needling business innovation together with enabling policy and regulatory measures are a prerequisite to reap the full potential of digitalisation and ensure an equitable and sustainable future for everyone, everywhere.
ICC recommendations to the European Commission on the implementation of the Carbon Border Adjustment Mechanism
ICC has provided feedback to the European Commission (EC) on its proposed implementation Regulation of the Carbon Border Adjustment Mechanism (CBAM). What does it mean for businesses worldwide?
How does global trade and receivables finance mitigate against proliferation financing?
ICC addresses the challenges of dual-use goods in the financial services industry, providing guidance on implementing controls and risk-based approaches for identifying and managing associated risks in trade finance.
Financial crime risk controls – Price checking of goods and services in trade transactions
ICC aims to provide an updated discussion on the implementation of controls related to price misrepresentation risks in trade finance, addressing the challenges faced by financial institutions in identifying and mitigating financial crime risks.
Mid-year IMB report reveals rise in maritime piracy and armed robbery
The ICC International Maritime Bureau (IMB) has raised concern on the resurgence of reported incidents in the Gulf of Guinea waters and the increase in incidents in the Singapore Straits in its mid-year report for 2023, released today.
New report and guide to drive thought leadership in dispute prevention and resolution
New ICC ADR report and guide aim to prevent disputes and preserve relationships for all businesses and states.
ICC elects five new members to the Executive Board
ICC has announced the election of five new members to its 27-member Executive Board. he leaders were formally elected during the annual meeting of the ICC World Council on 20 June 2023. Each will serve a three-year term effective from 20 June 2023.