Outcomes
Demand guarantees – including tender, performance and advance payment
Indemnities, Suretyships and standby letters of credit and how they compare
Scope of industry rules including URDG 758 and ISP 98
Parties involved in demand guarantees and their roles and obligations
Risk issues including types, control and mitigations
Impact of external factors including governing law and force majeure
Summary
CSDG has been designed to enable demand guarantee professionals to demonstrate their knowledge and expertise.
The qualification will develop students’ understanding in the use of guarantees, industry rules, legislation and the challenges relating to demand guarantees and standby credits. CSDG enables students to demonstrate a high level of expertise and improves knowledge and understanding of the complex issues associated with demand guarantee best practice.
Contents
Principles and Practices of Demand Guarantees