UCP 600: Uniform Customs and Practice for Documentary Credits - ICC rules universally recognized and typically incorporated into Letters of Credit, providing standardized rules and practices for documentary credits
Bills of Exchange Act 1882: Key UK legislation governing negotiable instruments, relevant for the banking and payment aspects of Letters of Credit
Sale of Goods Act 1979: Primary legislation governing sale of goods transactions in England and Wales, relevant as Letters of Credit often secure payment in goods transactions
Financial Services and Markets Act 2000: Principal legislation for regulation of financial services in the UK, establishing regulatory framework for banking activities including Letters of Credit
FSMA Regulated Activities Order 2001: Statutory instrument specifying which activities require authorization under FSMA, including certain banking and credit activities
Banking Act 2009: Legislation governing bank operations and regulation in the UK, relevant for advising bank's activities
ISP98: International Standby Practices - Rules governing standby letters of credit, may be relevant depending on the specific type of credit instrument
URR 725: Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits - ICC rules governing reimbursement arrangements between banks
MLR 2017: Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 - Key anti-money laundering requirements affecting banking transactions
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, relevant for bank due diligence and compliance
Sanctions and Anti-Money Laundering Act 2018: Framework for UK sanctions and anti-money laundering measures post-Brexit, crucial for international banking transactions
