SSEK Associate Features at ICC Indonesia Workshop on Bank Guarantees

SSEK spoke at a recent International Chamber of Commerce (ICC) Indonesia workshop on bank guarantees. The event took place September 13 in Jakarta.

Leading the workshop was Dr. Andrea Hauptmann, Senior Director, Head of Guarantees Department at Raiffeisen Bank International.

The workshop introduced participants to key terminology related to bank guarantees, looked at the life cycle of a guarantee, offered tips on avoiding the pitfalls of a badly drafted guarantee, and explored the Uniform Rules for Demand Guarantees (URDG), among other topics.