Banking Instruments · 06
Advisory
Structuring advice on wording, tenor, governing rules and counterparty risk.
Pre-issuance & review
Scope
ICC URDG, UCP, ISP
Standards
Term sheet & draft wording
Deliverable
Per mandate
Turnaround
Overview
About Advisory.
Our advisory team assists clients in defining the right instrument for each transaction, drafting the wording and selecting the appropriate governing rules.
We also review instruments received from counterparties to identify risks and non-compliant clauses.
- Instrument selection
- Wording review and drafting
- Counterparty risk assessment
- ICC rules compliance
Financial Overview
Activity and allocation.
Advisory mandates (files)
Banking Instruments allocation (%)
- SBLC 38%
- Bank guarantees 27%
- Documentary credit 22%
- Proof of funds 8%
- Other 5%
Year-on-year growth (files)
Indicative figures for illustration purposes. Past performance is not indicative of future results.
Legal & Regulatory Framework
Governed by clear rules.
ICC URDG 758
Uniform Rules for Demand Guarantees govern bank guarantees issued on a demand basis.
ICC UCP 600 & ISP98
Uniform Customs and Practice for Documentary Credits and International Standby Practices.
SWIFT MT760 / MT700 / MT799
Instruments are transmitted bank-to-bank through authenticated SWIFT messaging only.
Article L.561 CMF — AML / CFT
Full due diligence on applicants, beneficiaries and underlying transactions; no instrument without a genuine commercial purpose.
Risk Management
Risks identified and controlled.
| Risk | Mitigation |
|---|---|
| Counterparty risk | Issuance exclusively by licensed, rated banking institutions. |
| Documentary risk | Wording reviewed against ICC rules before issuance. |
| Fraud risk | Verification of every instrument through bank-to-bank channels. |
| Compliance risk | Sanctions screening and source-of-funds verification on every file. |
Legal Notice
This page is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any financial instrument or to enter into any transaction. Any engagement is subject to contractual documentation, satisfactory completion of KYC / AML procedures in accordance with articles L.561-1 et seq. of the French Code monétaire et financier, and the approval of the relevant banking institutions. Holding JMB SARL — RCS Paris 528 403 074.