URDG 758 represents the internationally recognized rule set governing demand guarantees issued by banks and financial institutions. Its role lies in standardizing guarantee practices and clarifying rights obligations and risk allocation among parties. This training program covers the institutional frameworks legal structures and operational logic embedded in URDG 758. It provides a structured overview of how the rules organize guarantee issuance examination and dispute handling without reference to transactional execution.
Analyze the legal purpose and scope of URDG 758 within trade finance.
Classify the parties roles and relationships defined under demand guarantees.
Evaluate key rule articles governing issuance amendment and expiry of guarantees.
Assess examination standards and compliance logic for demand presentations.
Explore dispute resolution principles and risk allocation under URDG 758.
• Trade finance and guarantees officers.
• Banking operations and documentary services staff.
• Legal and compliance professionals in financial institutions.
• Risk management and internal control specialists.
• Professionals dealing with demand guarantees and standby instruments.
• Purpose and international status of URDG 758.
• Types of guarantees governed by the rules.
• Scope of application and exclusions under URDG 758.
• Relationship between URDG 758 and local law.
• Role of URDG 758 in standardizing guarantee practice.
• Applicant beneficiary and guarantor role definitions.
• Counter guarantee and indirect guarantee structures.
• Independence principle in demand guarantees.
• Separation between underlying contract and guarantee.
• Institutional risk positioning of each party.
• Issuance requirements under URDG 758.
• Amendment mechanisms and consent structures.
• Validity and expiry rule frameworks.
• Extension and reduction provisions.
• Termination logic under the rules.
• Demand presentation requirements.
• Examination timeframe and standard of review.
• Conforming and non-conforming demand criteria.
• Notice of rejection and discrepancy handling rules.
• Bank liability boundaries during examination.
• Allocation of risk among guarantee parties.
• Fraud and abuse considerations under URDG 758.
• Force majeure and exceptional circumstance provisions.
• Governing law and jurisdiction references.
• Institutional dispute handling logic within URDG 758.
