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  • Share Your Story: Be Part of ICC’s Global Climate Campaign | ICC WBO Netherlands

    < Back < Previous | Next > Share Your Story: Be Part of ICC’s Global Climate Campaign 31 Aug 2025 Business has a crucial role to play in tackling climate change – not only by reducing risks but by creating opportunities. Real-world examples from companies of all sizes show policymakers and peers that innovation and investment can deliver climate solutions at scale. That’s why ICC is calling on businesses to share their stories as part of its global climate campaign ahead of COP30. By showcasing successes and lessons learned, we can inspire action, remove barriers, and make the case for the enabling policies needed to accelerate the clean transition. Share Your Story: Be Part of ICC’s Global Climate Campaign The International Chamber of Commerce (ICC) is launching a global campaign in the run-up to COP30 in Belém, Brazil, to highlight one key message: climate action is not only a necessity, it is the business opportunity of a lifetime . Why participate? By sharing your story, you will: Gain visibility – ICC will feature selected businesses on its global website, social media, blog posts and campaign materials, reaching a worldwide audience. Shape the conversation – as the official voice of business in the UNFCCC and COP process, ICC brings real business experience into global climate talks. Your example will help show governments what is working, where barriers remain, and what policies are needed to unlock private investment at scale. Inspire others – by showcasing what works (and what doesn’t), your story can help other companies, industries, and governments accelerate the clean transition. What is the objective? ICC’s climate campaign aims to demonstrate how businesses are already making the transition work – and what is needed to scale further. By amplifying real examples, ICC can advocate more effectively for enabling policies at COP30: policies that reduce barriers, create incentives, and reward sustainable innovation. What kind of stories are we looking for? We welcome examples from all sectors and company sizes: Successful initiatives – business models, products, or technologies that address climate challenges, create impact at scale, and demonstrate investment in people, time and resources. Lessons from challenges – experiences where an innovation did not succeed, and what was learned from the process. These stories are just as valuable in showing what is needed for the future. Speculative ideas or project proposals do not meet the criteria – we are looking for real experiences . How to participate To submit your story, simply send us a short description (maximum 500 words) including: The business/innovation/initiative The challenge it addresses The impact achieved (or barriers faced) Key investments made (financial, partnerships, expertise) 📩 Please send your contribution to info@icc.nl . Selected stories will be shared with ICC Global for consideration in the international campaign and may be featured in ICC’s advocacy at COP30.

  • The bigger picture of arbitration | ICC WBO Netherlands

    < Back < Previous | Next > The bigger picture of arbitration Tom Scott 3 Mar 2026 A conversation with Marc Krestin, Partner at Fieldfisher The bigger picture of arbitration A conversation with Marc Krestin, Partner at Fieldfisher Marc Krestin is a dispute resolution lawyer at Fieldfisher with over 18 years of experience in international litigation and arbitration. Having worked in the Netherlands and France, his career path has focused on complex cross-border disputes, with a particular emphasis on arbitration. With an international upbringing spanning Germany, Switzerland, the Netherlands and France, Marc views arbitration as a natural extension of his background. “It is global by nature,” he explains, “and requires cultural awareness, as well as an understanding of international law, economics and geopolitics.” From your perspective, what role does arbitration play today in supporting trust and continuity in international business? Arbitration supports trust and continuity. And therefore it converts some of the uncertainty that businesses may encounter across their lifecycle into enforceable decisions. Arbitration gives companies security and finality about disputes, enabling them to move on with their core business. In cross-border commerce, businesses value predictability, neutrality and enforceability. Arbitration ticks those boxes. Predictability does not mean you can foresee the outcome, but you receive a final award that is, in principle, not subject to appeal. That gives parties closure. There is also perceived predictability in the fact that parties can generally influence the choice of the arbitrator(s). Neutrality is another cornerstone. Arbitration allows disputes to be resolved in a neutral forum, often with decision-makers who have no affiliation with either party’s home jurisdiction. And enforceability is perhaps arbitration’s greatest strength. Under the New York Convention, arbitral awards can be enforced in more than 170 countries. That global enforceability is far more extensive than what is typically available for court judgments outside regional frameworks such as the EU. Where do you see the biggest disconnect between business expectations and legal reality when it comes to arbitration? The largest gap lies between speed and cost expectations on the one hand, and due process requirements on the other. Businesses understandably want disputes resolved quickly and at the lowest possible cost. Arbitration, however, is built on principles of fairness and due process. That can sometimes make the process more complex, time-consuming and costly than parties initially expect. The flip side is that this thorough process leads to a well-reasoned decision that parties can live with and move on from, rather than a quick fix that leaves one side dissatisfied. There is also sometimes a misconception about ‘finality.’ While arbitral awards are final in principle, they can still be challenged on limited grounds. What do you see as the added value of ICC arbitration specifically? The ICC is widely regarded as the gold standard of institutional arbitration. It is one of the most recognised and frequently used arbitral institutions worldwide. A key differentiator is the scrutiny of awards by the ICC Court. Every award is reviewed before it is issued. That quality control mechanism is relatively unique and adds significant robustness to the process. The ICC also benefits from highly experienced administration and case management teams. Given the volume of cases handled, the institutional knowledge and expertise are substantial. Its global reach is another advantage. The ICC has access to arbitrators across jurisdictions and sectors, ensuring both diversity and the necessary local or technical expertise. In addition, the ICC Rules are regularly updated and include tools such as expedited proceedings and emergency arbitration, reflecting technological and sectoral developments. If you could give one piece of advice to Dutch companies entering international contracts in 2026, what would it be? Do not treat the dispute resolution clause as boilerplate. Draft it carefully, taking into account the specific business relationship and the geopolitical context. Think about enforcement risks, choice of seat, applicable law, procedural rules and unforeseen circumstances. Too often, dispute resolution clauses are copy-pasted at the last minute. Once a dispute arises, it is usually too late to find common ground on how to resolve it. It is far better to make thoughtful arrangements while the relationship is still healthy. Choosing a reputable institution, selecting a pro-arbitration seat and seeking proper legal advice can make a decisive difference. How can arbitrators, external counsel and in-house counsel work together more effectively? Although arbitration is adversarial, all stakeholders share a common objective: a fair, efficient and effective resolution of the dispute. We should perhaps approach arbitration more often with a project management mindset. That means adhering to timelines, focusing on issues that truly matter, avoiding unnecessary length in submissions and working collaboratively to shape an efficient process. Cultural differences can add complexity, but they also make arbitration an interesting and enjoyable field to work in. It is essential that arbitrators and counsel bridge those gaps and create a process that both parties can understand and accept. What trends and developments will shape arbitration practice in the next 5-10 years? Several developments are already here at our doorstep. First, disputes in sectors such as technology, life sciences, energy and financial services – particularly fintech and digital assets – will continue to grow. The rise of digital currencies, artificial intelligence and data-driven business models will generate new types of disputes. Second, arbitration will become increasingly digital and interdisciplinary. Cases will require technical expertise in engineering, data science or emerging technologies, alongside legal expertise. Third, ESG and climate-related disputes are likely to increase. While many such cases are currently brought before state courts, more contracts now include arbitration clauses, which means arbitration will increasingly deal with green finance, greenwashing and climate-related claims. Geopolitical fragmentation is another major driver. Sanctions, trade controls, tariffs and disputes involving state-owned entities will continue to shape the arbitration landscape. Finally, we will see more multi-tier dispute resolution clauses combining arbitration with mediation, expert determination or negotiation. Arbitration will increasingly be part of a broader dispute resolution toolkit. What advice would you give your younger self starting out in arbitration? Be deliberate and strategic about your career choices. Arbitration is highly competitive and internationally attractive. Seek out opportunities to gain hands-on experience. Learn from experienced practitioners. Master the facts; arbitration is fundamentally about understanding the record inside out. Networking is also crucial. Arbitration is a people’s business. Knowing the players – including arbitrators, counsel and institutional representatives – is important both for professional development and for staying up-to-date. Above all, never take the learning process for granted and immerse yourself fully in the craft. Marc Krestin Attorney-at-law specialising in international dispute resolution Partner at Fieldfisher Trace, Freeze and Collect – When the Forum Isn’t Your Friend: Enforcement across Eastern Europe and Asia - Paris Arbitration Week Beat the Clock: Essential Skills for Rising Arbitrators in Expedited Proceedings - Paris Arbitration Week

  • ICC x evofenedex Incoterms Training | ICC WBO Netherlands

    Start: February 2025 | The Hague, The Netherlands ESG Governance Training Program 2025 Start: February 2025 | The Hague, The Netherlands ESG Governance Training Program 2025 Equipping leaders to drive sustainable, ethical, and impactful business practices. Equipping leaders to drive sustainable, ethical, and impactful business practices. Register Now Register Now Download Brochure Download Brochure Master Trade Terms with Confidence Understanding and applying Incoterms® 2020 correctly is critical to avoiding costly misunderstandings in international trade. This training provides practical insights into risk allocation, cost responsibilities, and delivery obligations; ensuring that your organization makes the most of these globally recognized trade terms. Made possible in collaboration with evofenedex . Register here Why Incoterms® Matter Incoterms® are globally recognized, standardized rules on the allocation of obligations, costs, and risks in the international trade of goods. They were first codified by the International Chamber of Commerce (ICC) in 1936 and have been periodically updated to reflect the evolution of international trade practices. The current version, Incoterms® 2020, has been in force since January 1, 2020, and brings several innovations that simplify their use and enhance clarity. Drafting international contracts is inherently complex. Differences in language, national legal systems, and local trade customs can lead to misinterpretation and costly disputes. Incoterms® simplify this process through internationally agreed definitions and rules outlining the responsibilities of buyers and sellers regarding transport organization, loading and unloading, transfer of risk, insurance, and customs clearance. Although not binding legal instruments, Incoterms® function as widely accepted contractual standards — often referred to as soft law — that bring legal certainty and predictability to global trade transactions. Importantly, Incoterms® define the critical point at which risk transfers from seller to buyer, along with the division of responsibilities for transport, insurance, and documentation. These rules clarify how obligations, costs, and risks transfer at different stages — and why these transitions don’t always occur at the same moment. This training will help you develop the ability to choose the most suitable Incoterms® rule for your specific trade situation, and apply them with confidence to support smooth, transparent, and dispute-free international transactions. What You Will Learn Master the 11 Incoterms® 2020 Rules – Know when and how to use each term Avoid Common Pitfalls – Learn from real-world case studies and best practices Optimize Trade & Logistics – Reduce disputes, improve efficiency, and cut costs Clarity on how Incoterms interact with documentary credits (L/Cs) and customs processes Confidence to communicate clearly across global trade partners Understand Legal & Compliance Aspects – Link Incoterms® with contracts, customs, and payments Tailored to Your Business Needs ICC Netherlands in collaboration with evofenedex ensure a hands-on, interactive learning experience with real life applications. Whether you are a legal expert, supply chain professional, or finance specialist, this training will help you confidently apply Incoterms® 2020 in daily operations. The training can be delivered in Dutch or English, depending on your preference. Programme The training can be tailored to your industry, trade routes, and internal use of Incoterms®. A pre-training intake ensures optimal relevance. Made possible in collaboration with evofenedex . Ideal Group Size: min. 5 - max. 15 participants Duration: Approximately 3 hours 1. Fundamentals & Context Introduction to Incoterms® Objectives of the training History and evolution of Incoterms® 2. Core Rules & Risk Transfer Overview of all 11 Incoterms® 2020 rules (EXW–DDP) Transfer of risk, cost, and responsibilities Choosing the right Incoterm® per transport mode 3. Business Impact & Misuse Common mistakes and misuse of Incoterms® Case examples of disputes and commercial losses Legal and operational consequences 4. Practical Application Document interaction: B/L, L/C, insurance Incoterms® in container/multimodal transport Role of Incoterms® in pricing and contracts 5. Exercises & Application Interactive business case studies Group discussions and tailored examples Recap, Q&A, and practical takeaways Pricing Onsite Training | Client Location - € 2,493.75 (excl. VAT and instructor travel expenses back and forth from Zoetermeer to the training location) Online | Training via webinar platform can be arranged in consultation The standard training, as described in this brochure, is priced based on a maximum of 15 participants. Any modifications to the content or format may be subject to price adjustments. ICC Members Benefit: 20% discount on the total price. Included with Your Training Handout + booklet evofenedex ICC Incoterms® in practice for all participants ICC Incoterms® booklet 1x per company or 2x for more than 15 participants Wallchart ICC Incoterms 2x per company or 3x for more than 15 participants Who Should Attend Export-/ Import manager Logistics employees Carriers and Freight Forwarders Staff responsible for Trade Finance Staff responsible for Transport Insurance In-house Legal Counsels Contact Information For questions or to discuss your registration: Contact us

  • Test page | ICC WBO Netherlands

    Decision Tree Question 1 Is your contracting party based in the Netherlands? Yes No If yes: then no clear preference for arbitration or governmental jurisdiction, barring other reasons that might induce someone to choose arbitration. Then to question 7. If no: then there may be a clear preference for arbitration. Then where the other party is located is important. This should then be asked out. For that, then question 2 is important. Question 2 Is your contracting party based in the EU? Yes No If yes: then there is no preference for governmental jurisdiction or arbitration as far as recognition and enforcement is concerned. Then continue with question 3. If no: then there may be a clear preference for arbitration. For this please continue with question 4. 🔄 Start over ⬅ Back to previous question Question 3 If your contracting party is based in the EU, do you care whether you have to litigate in a Dutch court or a foreign court if a dispute arises? Yes No If so: this may lead to a choice of arbitration. Moving on to question 6. If no: then there is no immediate reason to choose arbitration in this context. Continuing with question 7. 🔄 Start over ⬅ Back to previous question Question 4 Is your contracting party based in Mexico, Singapore or the United Kingdom? Yes No If yes: then the same applies as in question 2. Continue with question 5. If no: then continue with question 6. 🔄 Start over ⬅ Back to previous question Question 5 If your contracting party is based in Mexico, Singapore or the United Kingdom, do you care whether to litigate in the Dutch courts or courts in any of these states if a dispute arises? Yes No If yes: then the same applies as for question. Then continue with question 6. If no: then continue with question 7. 🔄 Start over ⬅ Back to previous question Question 6 If it matters to you whether you litigate before the Dutch court or foreign court, would this be a reason to consider an alternative method of dispute resolution if your contracting party is reluctant to choose the Dutch court? Yes No If yes: then arbitration is a clear alternative, continue with question 7 to test this further. If no: then continue with question 7 to see if there are other reasons to choose alternative dispute resolution. 🔄 Start over ⬅ Back to previous question Question 7 Is it important to you that any dispute with your contracting party be treated confidentially in principle? Yes No If yes: reason to choose arbitration. If no: at this point no preference for arbitration / governmental jurisdiction. 🔄 Start over ⬅ Back to previous question Question 8 Is it important to you that you can in principle influence the planning and design of the proceedings? Yes No If yes: reason to choose arbitration. If no: no preference for arbitration / governmental jurisdiction at this point. 🔄 Start over ⬅ Back to previous question Question 9 Do you prefer a quick in principle final decision to the possibility of appeal? Note: this question is subject to caveats: (i) sometimes an appeal is also possible in arbitration (but not in ICC); (ii) in arbitration there is the possibility of setting aside an arbitral award, a procedure in the state court. Many users with little knowledge of arbitration may also consider that a form of appeal. Yes No If yes: reason to choose arbitration. If no: reason for choosing governmental jurisdiction. 🔄 Start over ⬅ Back to previous question Question 10 Do you find it convenient to be able to litigate in English? Yes No If yes: then this may be a reason for arbitration (alternative is NCC, which may come out, depending on answers to other questions). If no: this does not necessarily preclude arbitration. 🔄 Start over ⬅ Back to previous question Question 11 Do you find it objectionable to advance costs for the person who settles the dispute? Yes No If yes: reason for choosing governmental jurisdiction. If no: reason for choosing arbitration. 🔄 Start over ⬅ Back to previous question Question 12 In public proceedings, often only a fraction of the actual costs incurred is reimbursed to the winner; in arbitration, in principle, all costs are reimbursed. For the party that prevails this can be favourable, for the party that loses it can be unfavourable. Do you find this objectionable? Yes No If yes: reason for choosing governmental jurisdiction. If no: reason for choosing arbitration. 🔄 Start over ⬅ Back to previous question Thank you for participating! Test Start over

  • Understanding leadership: a series of interviews from ICC Netherlands | ICC WBO Netherlands

    < Back < Previous | Next > WISE Understanding leadership: a series of interviews from ICC Netherlands 11 May 2026 Interview with Fabia Tetteroo-Bueno Understanding leadership: a series of interviews from ICC Netherlands Every successful career has a story worth sharing. To mark the launch of this year’s WISE (Women in Strategic Engagement) programme, this new series of articles spotlights inspiring senior professionals and business leaders. Through candid conversations, we aim to share practical insights on leadership: the decisions that shaped their careers, the lessons learned through setbacks and change, and the advice they would give to younger generations navigating today’s complex business environment. We also explore the challenges and opportunities these leaders see ahead – and how they believe companies and individuals can respond with resilience, purpose and impact. To kick off the series, we spoke to Fabia Tetteroo-Bueno, a business leader whose career has taken her across Europe, Asia and Latin America. Today, after 28 years at Philips, Brazil-born Fabia has risen from trainee to Senior Vice President. Now based in the Netherlands, she is entering a new phase of her career: one that is defined by creating impact beyond her corporate role. Fabia’s career began with a setback. In 2000 – two years into a traineeship with Philips in Brazil – she applied for another position: a three-month programme in Germany, but she didn’t get selected. When she asked the hiring manager why, she was given an answer that reflected the reality many women faced at the time in Brazil. “The message was: ‘I don’t like to put women in this kind of role, because if you get pregnant, we lose money’,” she recalls. She was disappointed, but a week before the assignment started, the man who had been selected withdrew; his girlfriend was pregnant and he didn’t want to leave her behind in Brazil. Fabia immediately stepped forward. “Someone got pregnant and it was not me. You need someone that speaks Portuguese and English; you need someone next week. And that’s me,” she told the manager. The assignment was meant to last three months. Instead, it became the start of a global career lasting half of her life so far. Fabia’s career can be defined by international leadership roles and constant change. After Germany, her job took her to the Netherlands, China, the Philippines, Panama and, two years ago, back to the Netherlands. Along the way, she shifted across industries and functions, moving from consumer business, lighting, into healthcare and rising steadily into senior leadership. Giving more women a board-level voice Fabia is now preparing for a transition away from her current executive role with a focus on leadership transformation, particularly connected to gender equality in healthcare and Artificial Intelligence (AI). A major driver of this is what she sees as a lack of women’s voices at the highest levels of corporate management. “I believe that women bring a different style and strength to a company’s board. The healthy company boards are the ones that have real diversity of thought. At senior levels in general, we need to have different voices, different backgrounds and different opinions. That’s how you make governance and strategy stronger.” Turning her attention to the first topic where she believes the lack of women’s voices has serious consequences – healthcare – Fabia points out how often women are dismissed. “A woman at a doctor’s office hears the words ‘what you’re feeling is normal’ so often. ‘Normal’ is not necessarily ‘good’.” She believes this happens because women’s health has historically been under-researched. “There is not enough research being done on women’s medical care,” she says. “Actually the only research on women that’s well developed is around pregnancy.” AI is her second major concern. “In AI, you also see bias,” she says, “because most models are based on past standards and past standards are mainly white male dominated, in most industries” To Fabia, the risk is clear: without change, inequality will deepen. “Otherwise, for the next generation, things are not going to change,” she warns. “We’re going to keep having gaps in medical research; the bias in AI is going to increase exponentially.” Fabia connects this mission to her own leadership journey. Early in her career, she was labelled ‘pitbull’ at work because of her directness. She didn’t like the label, and asked a coach why people saw her that way. His answer stayed with her: “You don’t have enough female role models. You are mimicking a man in your style of working.” The lesson was clear: she didn’t need to copy a leadership model that didn’t fit her. “How can you be an authentic leader if you’re copying someone else? I had to learn to be myself but also, I made a commitment to myself. I thought back then ‘if we miss female role models now, I want to make sure I can become a female role model for next generations, so they don’t struggle with the same issues I struggled with’.” Connecting continents Linking these goals is a parallel mission: strengthening collaboration between regions. Having spent one-third of her career in Europe, one-third in Asia, and one-third in Latin America, Fabia believes she can help close the gap. “There is a lot of knowledge in Latin America and Europe that is not being exchanged; so many companies there would love to expand to Europe and vice versa. Especially in today’s current geopolitical climate, Fabia believes she can serve as a “bridge for businesses expanding across continents, particularly in healthcare and AI”. A practical approach In working on leadership transformation, Fabia’s approach is practical, drawing on the many lessons learned during a long international career. “One of the biggest things I have learned is that life consists of phases,” she says. At the beginning of a career, she believes curiosity is everything. “You are building your network and knowledge toolbox so you need to be curious for everything that comes your way,” she says. “You also need to be open to feedback. Feedback is a gift: it’s a way for you to get better.” Later, the focus shifts to sharpening skills and building deeper capability. Even then, learning remains constant. “Now even more, you need to keep learning, keep evolving,” she notes. For Fabia, successful people share three traits: “Commitment, curiosity and capability: these are really the things that you need to strive towards.” Redefining resilience How to deal with setbacks and discrimination is another area where Fabia provides some valuable advice. “I’ve heard so many stupid comments, so many microaggressions during my career,” she says. “In the beginning, when I was younger, I would get so upset. But I have learned not to take things personally. Ignorance is a lack of knowledge; if the person lacks knowledge, the best thing you can do is to give them knowledge by proving them wrong.” This line of conversation causes Fabia to dive deeper into the concept of resilience. “I believe there are three levels of reaction when something bad happens to you. The first is a fragile reaction: you break down. Then there is resilience: holding yourself together. And then there is antifragile: the ability to become stronger when something bad happens.” She uses two examples to illustrate her point. The first is from her time in the Philippines, when a major typhoon devastated the country. “You’re walking on the street, you see debris, you smell bodies. It was horrible,” she says. Her response was to focus on building strength within her team, “building such a bond despite the adversity”. The second example comes from when she was leading a 6,000-strong team in Latin America during the COVID pandemic, the financial consequences of which were dire: 25% of personnel were at risk of losing their jobs. One way to prevent this was for the entire team to give up part of their holiday pay. “I didn’t take the decision unilaterally. We voted as a team – some of us would suffer a lot or all of us would suffer a little. Everybody voted for sharing the pain – and we became so much stronger as a team because of that.” Optimism for the future? Considering the current imbalance in gender representation on corporate boards of directors, is Fabia optimistic about her ambition to level the playing field of corporate decision-makers? “I was super optimistic until COVID,” she says. “That was a very negative moment; I saw so many good women leaving the workforce. Then you realise that women have so much pressure from the ‘invisible’ tasks related to motherhood and care.” To that end, her answer to women asking her about career advice is direct: “Be picky about your partner: you need someone who shares the load and really supports your career choices. Someone who doesn’t hold you back.” Despite setbacks, she remains hopeful. “Gen-Z, for example, is more equalitarian and more willing to fight for equal obligations and equal rights.” She also sees potential in technology. “I’m very optimistic about what artificial intelligence can do, if we do it right,” she says. “In theory, everybody could create their own AI tool. This empowers so many people to innovate – to solve a problem in their community – that’s the beauty of this technology.” But Fabia is clear that progress is not automatic. “It’s not a battle that’s won yet,” she says. “It is still a journey.” For her, that journey now defines the next chapter of her career – one where success is measured not only by personal achievement, but by the impact she helps create for others.

  • Global Advocacy | ICC WBO Netherlands

    Through its network of expert commissions, ICC provides a platform for businesses to shape global policy and standards. These commissions are the backbone of ICC’s thought leadership and advocacy—working across disciplines to ensure that the voice of business is heard at every level of international rulemaking. Global Advocacy & Policy Commissions Through its network of expert commissions, ICC provides a platform for businesses to shape global policy and standards. These commissions are the backbone of ICC’s thought leadership and advocacy—working across disciplines to ensure that the voice of business is heard at every level of international rulemaking. ICC Commissions are working bodies composed of business leaders, legal experts, economists, and practitioners from around the world. Each commission focuses on a specific policy area—ranging from trade and taxation to sustainability, digital economy, dispute resolution, and anti-corruption. Together, they develop policy recommendations, practical guidance, and global business standards that help companies navigate complex international challenges. Position papers & publications Global Trade Outlook 2025: Industry Insights Business leaders worldwide have shared crucial insights with ICC on key trade policy challenges, highlighting the need for predictability in global markets. Are value-added taxes a barrier to trade? Understanding the differences between value-added taxes (VAT) and tariffs is crucial for informed international trade policy decisions. The implications of a democracies-only trade pact New ICC analysis examines the economic implications of proposals to establish a trade system limited to democratic nations, finding such plans would trigger a tariff shock three times larger than the Smoot-Hawley Tariff Act of 1930 that significantly impacted global trade by raising US import duties on a wide range of goods. Why the most-favoured nation principle matters Stable, fair, and predictable trade benefits everyone Industry response to ISO Technical committee on . Digital Marketing How do we work? Representing over 45 million businesses in more than 170 countries, the International Chamber of Commerce (ICC) ensures that the voice of business is heard at global, regional, and national levels. We often see a gap between the policies developed by governments and the day-to-day reality for businesses. Our role is to bridge that gap — by sharing practical insights and proposing solutions that work in the real world, for companies large and small, across all sectors. Through our global network, we collect feedback from national contexts and bring it to the right international discussions. At the same time, we help shape national positions that align with the interests of the global business community. We advocate for the value of business in society, the importance of cross-border collaboration, and the need to build a sustainable and inclusive future. How do we form our positions? To develop our positions, we analyze how global policies impact business in practice. We do this in close collaboration with our members and partners through: 12 expert commissions Dedicated working groups and task forces This structure gives our members a voice in shaping global business policy, keeps us connected to what’s happening on the ground, and helps us focus on solutions that work. When you engage with ICC, you’re hearing the voice of 45 million companies in 170+ countries, representing more than 1 billion workers. Where do we raise our voice? ICC speaks on behalf of business at both national and global forums. We are the only business organization with permanent observer status at the United Nations , and an active voice at: The OECD The G7 and G20 The World Customs Organization The World Trade Organization The UN Climate Conferences (COP) Wherever global decisions are made, we ensure that business is at the table . Global Policy Commissions Arbitration and Dispute Resolution Business Integrity Commercial law and practice Customs and Trade facilitation Competition Digital economy Environment and Energy Intellectual property Marketing and Advertising Taxation Trade and Investment Banking (trade, supply chain and export finance) We are a Trusted Partner Arbitration and Dispute Resolution As a unique thinktank of ICC Dispute Resolution Services, the Commission pools expertise to deepen awareness and insight on practical and legal arbitration and Alternative Dispute Resolution (ADR) issues. It contributes to refining the ICC Dispute Resolution Rules and offers practical tools, recommendations, and model clauses in reports and guides available on the ICC website and in the ICC Bulletin. The latest report and guide from the ICC Commission on Arbitration and ADR enhance understanding of various dispute resolution methods and how to resolve international arbitration disputes effectively. Read More Environment and Energy The commission on Environment and Energy is committed to infusing business expertise into pivotal environmental and energy-related global discussions. With an eye on the upcoming COP30, it seeks to contribute valuable insights from the business world to the UNFCCC negotiations. It also aims to craft guidance for policymakers on enhancing the efficacy of carbon pricing mechanisms, specifically addressing concerns of lekkage, pricing, and allocation of proceeds. Addressing the pressing global issue of plastics pollution, the commission offers business perspectives to aid in the creation of an impactful international treaty. Additionally, the commission is in the process of piloting and refining the ICC Sustainable Trade Framework, underscoring its dedication to sustainable practices in international trade. Read More Digital economy The commission aims to pioneer advancements in the digital economy with a particular emphasis on cybersecurity. The commission is also committed to offering vital business perspectives to shape the ongoing UN cybersecurity discussions. In addition, it advocates for a global alignment with the OECD’s principles concerning trusted government access to private sector-held personal data. Lastly, the commission seeks to guide the creation of international policy frameworks that promote the seamless and trustworthy flow of data, drawing on practical industry methodologies. Read More Business Integrity The Commission provides a vital platform for sharing best practices and engaging with policymakers on key topics such as integrity, business ethics, transparency in reporting, and human rights. Central to our mission is the development of an "Integrity Advocacy Toolkit" designed to assist companies and local business networks in combating corruption effectively. We are also committed to updating the ICC Rules on Combating Corruption and the ICC Anti-Corruption Clause, reinforcing our stance against unethical practices. Additionally, the commission is pioneering the creation of the first industry framework for responsible dealings in "sensitive" markets, marking a significant step in promoting ethical business conduct globally. Read More Marketing and advertising The commission on Marketing and Advertising seeks to modernize and reinforce the standards and practices within the advertising industry. The commission emphasizes the enduring importance of self-regulation in marketing and advertising, particularly in areas of increasing significance like diversity and the adoption of novel technologies. Moreover, it advocates for the widespread acceptance and application of established ICC frameworks and guidelines, such as the ICC Framework for Responsible Environmental Marketing Communications, with the aim of instilling trust in corporate claims related to sustainability. Read More Banking (trade, supply chain and export finance) The commission is dedicated to advancing and modernizing the banking sector, particularly focusing on trade, supply chain, and export finance. A key goal is to enhance the ICC Trade Register, establishing it as the premier source of market intelligence for trade finance products, serving banks, investors, and regulators alike. We advocate for equitable capital treatment of trade finance assets in significant legislative initiatives and promote the digitization of ICC trade finance rules, including the development of standardized APIs. Our efforts also include updating financial crime and risk policies for trade finance transactions, revising the ICC’s guidelines for processing letter-of-credit transactions ("ISBP"), and providing expert guidance on ICC banking rules through opinions and technical advisory briefings. Read More Commercial law and practice The commission aims to modernise and streamline commercial law and practices. It seeks to provide businesses with practical tools for efficient implementation of ICC Incoterms® rules globally, update the ICC’s collection of model contracts to reflect evolving business requirements, and advocate for the update of legal structures to accommodate and promote the digital transformation of cross-border trade processes. Read More Competition The commission is focused on evolving competition policies to align with contemporary challenges and business needs. Its primary goals are to reform antitrust policies to facilitate vital industry collaboration in addressing global climate and sustainability objectives, specifically in Europe, North America and LatAm. The commission also seeks to harmonize national merger control procedures, offering businesses more clarity and consistency in international operations. Moreover, it aims to guide companies through the intricate policy landscapes associated with foreign subsidies. Read More Customs and Trade facilitation Focus on enhancing customs and trade facilitation processes on a global scale. Its main objectives include offering valuable insights into pivotal World Customs Organization initiatives, especially concerning valuation and product classifications. It also aspires to be at the forefront of discussions on contemporary challenges faced by national customs agencies, with a focus on digital transformation and the circular economy. The commission promotes the enhancement of ‘trusted trader’ programs by suggesting modifications to pertinent WCO standards. Provide a platform to identify – and respond to – key in-country trade facilitation challenges utilising the full reach of ICC’s national committee network. Read More Intellectual property The commission on Intellectual Property is centred on shaping and guiding the evolution of IP policy frameworks to address contemporary challenges and opportunities. It aims to offer insights on potential policy measures to counteract the rising concerns over abusive third-party financing of IP lawsuits. Additionally, the commission provides input into UN discussions to fine-tune existing legal structures that govern the nexus between scientific research, innovation, and biodiversity conservation. It is also committed to facilitating the deployment of resources that assist small businesses in maximizing the benefits from their IP holdings. Overall, the commission underscores the significance of fostering policy environments conducive to innovation. Read More Taxation The commission on Taxation is dedicated to shaping coherent and effective global tax policies that cater to contemporary business and societal needs. Key objectives include offering essential business perspectives to shape international tax reforms, particularly within the OECD’s inclusive framework and the anticipated new UN convention, with a strong emphasis on tax certainty and global coordination. The commission ardently champions the creation and implementation of comprehensive mechanisms to prevent and resolve tax disputes. Additionally, in response to evolving work dynamics post-pandemic, the commission spearheads discussions on suitable tax frameworks for cross-border teleworkers. A crucial focus is also to guide businesses in understanding and navigating the intersections of tax policies with environmental objectives and the broader landscape reporting. Read More Trade and Investment The commission on Trade and Investment is committed to advancing and refining the global trade and investment landscape. It actively participates in shaping discussions related to the reform of the World Trade Organization (WTO) system. An important advocacy point is to persuade governments to permanently prohibit the imposition of customs duties on data transfers. The commission provides vital business perspectives to steer the WTO e-commerce negotiations towards a high-standard resolution. Furthermore, it takes a prominent role in global dialogues, promoting potential trade policy changes that can expedite the adoption and expansion of circular economy principles. Read More

  • Major banks set industry milestone with endorsement of ICC’s Principles for Sustainable Trade Finance | ICC WBO Netherlands

    < Back < Previous | Next > Trade & Investment Major banks set industry milestone with endorsement of ICC’s Principles for Sustainable Trade Finance 13 Jun 2025 A group of leading Trade Finance banks have announced their endorsement of the International Chamber of Commerce’s (ICC) Principles for Sustainable Trade Finance (ICC PSTF). This group, and further supporting banks, collectively represent as much as 25% of the global trade finance market by volume. A group of leading Trade Finance banks have today announced their endorsement of the International Chamber of Commerce’s (ICC) Principles for Sustainable Trade Finance ( ICC PSTF ). This group, and further supporting banks, collectively represent as much as 25% of the global trade finance market by volume. The work, led by ICC, with support from Boston Consulting Group (BCG) and newly announced endorsement by Commerzbank, ING, Santander, and Standard Chartered aims to provide clear, transparent, and consistent guidelines to enable banks, corporates and investors to effectively channel capital towards sustainable and inclusive trade finance facilities. Unlike for many other financial products, trade finance practitioners have historically not had a clear, consistent and consensus definition on what constitutes sustainable trade finance, limiting its application. The principles, launched in October 2024, therefore provide a robust methodology for evaluating sustainable trade finance transactions, including a globally acceptable approach for assessing use-of-proceeds in trade finance transactions, proposed due diligence protocols for sustainability verification and unified reporting standards to ensure consistency across financial institutions. As a next step, with support of these banks, ICC plans to further build on the principles including defining legal terms and extending its coverage to social sustainability, while also working with the broader trade ecosystem – including banks, corporates and regulators – to expand further endorsement. ICC welcomes any users who also wish to endorse the PSTF to an additional endorsement announcement in circa Q3 2025. “We welcome the endorsement of the ICC Principles for Sustainable Trade Finance by four leading banks. This is a strong signal of market alignment behind a common framework to scale sustainable trade finance in a practical, credible and commercially viable way. We look forward to more banks endorsing the ICC principles ahead of COP30 in November – sending a clear signal that trade is a core part of the solution to climate change.” Philippe Varin, ICC Chair Raelene Martin, Head of Sustainability at ICC, added: “We are thrilled to welcome the banks’ endorsement of ICC’s Principles for Sustainable Trade Finance, which marks an important step in aligning the industry around common methodology for the assessment of sustainable trade finance. We are thankful for their tremendous support in providing thought leadership and guidance that is fit for purpose for industry globally. We believe that the ICC Principles for Sustainable Trade Finance present an important milestone in embedding sustainability at the heart of global trade in a practical and robust way.” The first ICC member banks to endorse the ICC principles shared their initial thoughts: “At Santander CIB, we are committed to empowering our clients with innovative trade and working capital solutions aligned to their sustainability goals that promote resilience across global supply chains. To that end, we are happy to endorse the ICC principles, a landmark initiative in sustainable trade finance, and to continue to pave the way for more original solutions that deliver positive financial and sustainable impacts to businesses everywhere.” — Pablo Ballesteros, Head of GTB Cross Solutions at Santander CIB “Standard Chartered introduced its sustainable trade finance proposition in 2021 and as a pioneering advocate for sustainable trade finance standards across the industry, we are pleased to adopt ICC’s principles. We are committed to offering our clients innovative solutions that empower them to achieve their sustainability goals while effectively managing associated risks. We applaud ICC for leading the way in setting the international guidelines for the industry and we look forward to continuing our partnership with them to shape the future of sustainable trade finance globally.” — Sofia Hammoucha, Global Head of Trade & Working Capital at Standard Chartered. “Commerzbank, as a leading bank for foreign trade particularly for Germany and Europe, welcomes the publication of ICC’s Principles for Sustainable Trade Finance and actively contributed to them. They are suitable for establishing a consistent approach among international market participants and are referenced in our ESG framework.” — Sven O. Schmidt, Head of International Trade Finance Operations, Commerzbank AG “ING is proud to have contributed to ICC’s new Principles for Sustainable Trade Finance, which set a clear and actionable framework specifically tailored for the unique nature of trade finance transactions. These principles align with ING’s commitment to supporting clients in their transition to a more sustainable and resilient ecosystem. We will actively support further development of the framework into Social Trade Principles and further guidance for Sustainability Linked Supply Chain Finance.” — Anthony van Vliet, Head of Product Management Trade – Transaction Services – ING Wholesale Banking “Accelerating sustainable trade is a critical enabler in decarbonising some of the world’s most complex supply chains. Unlike for many other financial products, trade finance practitioners have not historically had a clear, consistent, and consensus definition on what constitutes sustainable trade finance, limiting its application. The formal recognition and endorsement of ICC’s Principles for Sustainable Trade Finance by leading global financial institutions is a huge step forward on this journey.” — Ravi Hanspal, Partner, Boston Consulting Group Boston Consulting Group (BCG) is a long-term strategic partner of ICC, co-leading ICC’s Sustainable Trade programme since its inception, including the working group that developed the most recent Principles for Sustainable Trade Finance. Read more about the ICC Principles for Sustainable Trade Finance, and ICC’s broader work on sustainable trade.

  • Join the ICC Global Digital Trade Sandbox | ICC WBO Netherlands

    < Back < Previous | Next > Join the ICC Global Digital Trade Sandbox Laure Jacquier 3 Feb 2026 Digital trade is moving from ambition to execution. The ICC Global Digital Trade Sandbox offers companies a unique, vendor-neutral environment to test real digital trade processes, contribute to global pilots, and help shape the future of cross-border trade. ICC Global Digital Trade Sandbox From ambition to execution: join the ICC Global Digital Trade Sandbox Digitalisation is transforming international trade, but adoption remains uneven. While international standards, technologies and policy frameworks are advancing rapidly, many companies still struggle to move from awareness to practical implementation. Fragmentation, interoperability challenges and legal uncertainty continue to slow progress. To address this gap, ICC has launched the Global Digital Trade Sandbox , a flagship initiative starting in early 2026 that shifts the focus from advocacy to execution. This challenge is particularly visible in the Dutch context . Despite broad political and business support for digital trade, regulatory reform to fully enable the use of electronic trade documents, such as electronic bills of lading, has been repeatedly delayed . As a result, Dutch companies risk falling behind peers in jurisdictions that have already modernised their legal frameworks. Bridging the gap between policy and practice The Global Digital Trade Sandbox responds to a growing gap between what is technically possible and what is legally and operationally enabled . It provides companies with a structured, vendor-neutral environment to test digital trade processes in real-world conditions, without commercial or regulatory risk. Importantly, the Sandbox does not replace legal reform. Rather, it complements it by generating evidence from practice : what works, what does not, where interoperability breaks down, and which regulatory barriers have the greatest impact on business. For countries like the Netherlands, where legal reform is pending, this evidence is particularly valuable. What is the Digital Trade Sandbox? The Digital Trade Sandbox is not a technical platform and does not promote specific technologies. Instead, it is an ICC-led orchestration environment that brings together companies, banks, logistics providers and technology vendors to test digital trade workflows using existing systems and international standards, including ICC’s Key Trade Data & Documents Elements (KTDDE). Through guided pilots and proofs of concept, participants explore processes such as e-invoicing, electronic transport documents and digital trade documentation. The objective is to demonstrate interoperability, identify operational bottlenecks and support scalable adoption across borders. Why this matters for Dutch companies For Dutch companies engaged in international trade, the Sandbox offers a pragmatic way forward, even while regulatory reform is ongoing: Prepare ahead of regulation by testing digital trade processes before legal change is finalised Reduce uncertainty by identifying legal, operational and contractual barriers early Stay competitive internationally as other jurisdictions move faster on digital trade Contribute to reform by providing concrete business evidence to policymakers Participation allows companies to move from waiting to learning, and from learning to readiness. A global initiative with local anchoring The Sandbox operates through ICC’s global network, with National Committees acting as local convenors . ICC Netherlands supports Dutch companies in exploring participation, connecting them to global pilots and ensuring that Dutch business insights feed into international discussions. This local anchoring is essential. Without practical input from companies, regulatory reform risks remaining abstract, or misaligned with real trade flows. How to get involved Companies interested in participating can: Review the available Sandbox materials (hereunder) Join one of the information sessions on 10 February 7AM CET / 2PM SGT / 1AM NYT register here 2PM CET / 9PM SGT / 8AM NYT register here Contact ICC Netherlands to discuss suitability and next steps Participation in the Sandbox is free of charge for eligible ICC members. Moving forward, despite uncertainty Digital trade is no longer a future ambition. It is a strategic necessity, especially in a volatile geopolitical environment where efficiency, resilience and trust matter more than ever. While regulatory reform remains essential, waiting for it to be completed is not a strategy. The ICC Global Digital Trade Sandbox offers Dutch companies the opportunity to prepare, test and shape the future of digital trade: together, pragmatically and at global scale. Interested in joining or learning more? Please reach out to ICC Netherlands for further information - info@icc.nl 3. ICC DSI Digital Trade Sandbox Brief (1) .pdf Download PDF • 903KB

  • Newsletter | ICC WBO Netherlands

    ICC Netherlands Monthly Newsletter Stay Informed. Stay Connected. Stay Ahead. Published every first Tuesday of the month, the ICC Netherlands Newsletter brings you curated insights, updates, and engagement opportunities from across our national and global network. Enter your email* Subscribe I want to receive monthly newsletter and updates from ICC Netherlands. * What’s Inside? Geopolitical Insight Each edition features a sharp geopolitical update from an ICC member, external expert, or policy lead—helping you navigate today’s fast-changing international landscape. ICC Strategic Agenda in Action Track ICC’s global advocacy across five key priorities: Enabling Global Trade – Simplifying cross-border trade through trusted rules and practical tools. Promoting Access to Justice, Integrity & Rule of Law – Supporting good governance and commercial dispute resolution through the ICC Court of Arbitration. Accelerating Sustainability & Climate Action – Equipping business to lead in the green transition. Shaping a Digital Economy for All – Building open, inclusive, and secure digital markets. Strengthening Multilateral Cooperation – Advancing peace, prosperity and stability through international dialogue. Policy & Commission Work Stay informed on the work of ICC’s 12 global commissions—where experts help shape global standards, position papers, and regulatory guidance on topics such as trade, customs, taxation, competition, digital economy, environment, and more. Week of Integrity Follow updates on the annual Week of Integrity, led by ICC Netherlands, uniting the public and private sectors to promote transparency, ethics, and accountability in business and beyond. Upcoming Events Get a full overview of our key national and international events—from dispute resolution forums and global trade roundtables to policy dialogues and training sessions. For questions or contributions, contact us at info@icc.nl . Browse Past Editions

  • Arbitration | ICC WBO Netherlands

    Arbitration Arbitration is a form of alternative dispute resolution (ADR) where parties in a dispute agree to resolve their issues outside of traditional court systems. Instead of a judge, a neutral third party, called an arbitrator, is selected to hear the evidence and make a binding decision. The process is typically less formal than court proceedings, often faster, and may be more flexible in terms of rules and procedure. ICC Arbitration assures the best quality of service. That is because it is delivered by a trusted institution and a process guided by the ICC Rules of Arbitration that is recognised and respected as the benchmark for international dispute resolution. Anyone can benefit from ICC Arbitration’s flexibility and effectiveness. The only requirement for a party to be able to benefit from ICC Arbitration is to consent to its use in a contract, treaty or separate arbitration agreement even if such consent is normally handled through a contract or treaty entered into before a dispute arises, it may also occur after a dispute has taken place as well. Unrivalled in experience and expertise, the ICC Court and its Secretariat are always ready to assist parties and arbitral tribunals with any questions relating to the conduct of the arbitration, and strive to ensure ICC awards are enforceable. Advantages of Arbitration Binding decision Faster resolution Cost-effective Specialised expertise of arbitator(s) Flexibility Confidentiality Enforceability of awards Neutrality in international disputes ICC Rules of Arbitration 2021 The ICC Rules of Arbitration 2021 introduce key updates aimed at improving procedural efficiency, transparency, and flexibility in international arbitration. Notable changes include the increased use of technology, expedited procedures for smaller claims, and enhanced provisions for addressing conflicts of interest and ensuring fairness throughout the arbitration process. Read more ICC Dispute Resolution Bulletin This edition of the Bulletin examines the role of arbitral institutions in upholding process integrity, promoting the rule of law, and ensuring access to justice. It also explores cost-efficient awards for small- and medium-sized enterprises and addresses the legitimacy and fairness of arbitration procedures. Read more Cost of Arbitration The cost of ICC Arbitration depends on several factors, including the amount in dispute, the number of arbitrators, and the complexity of the case. The main components of arbitration costs are: ICC Administrative Fees ICC charges a fixed administrative fee based on the amount in dispute. The higher the dispute value, the higher the fee. Arbitrators’ Fees ICC arbitrators are compensated based on the time spent and the complexity of the case. The fee structure follows ICC’s scale of arbitrators’ fees, which depends on the dispute’s value. If there are three arbitrators instead of one, costs will be higher. Legal Fees and other costs Parties must pay for their legal representation, which varies based on law firms and jurisdiction. Expert witnesses, translation services, and hearing venues add to the total cost. Calculate the cost here Why did you lose? Understand the Reasoning Behind Arbitral Awards. In international arbitration, decisions are often final and rarely overturned — even when parties disagree with how facts were assessed or how the law was applied. This reality makes it all the more important to understand how and why arbitral tribunals reach their conclusions. The ICC Institute's publication, “Explaining Why You Lost – Reasoning in Arbitration”, dives deep into this essential issue. The discussions on this subject were held during the 39th Annual Conference of the ICC Institute on 17 December 2019. The program was prepared by two experienced members of the Institute Council, Antonio Crivellaro and Mélida N. Hodgson, who were able, with the support of contributors with huge expertise in their respective fields, to cover the various aspects of this fascinating subject and to provide practitioners and scholars with several new paths for reflection. Whether you're a counsel, arbitrator, academic, or in-house advisor, this book offers valuable guidance for preparing stronger submissions, anticipating how arbitrators will approach your case, better explaining awards to clients or stakeholder and enhancing predictability and trust in the arbitral process. Don’t just argue your case — understand how it’s judged. €75.00 Hard copy: ICC Explaining Why You Lost, Reasoning in Arbitration €67.50 eBook: ICC Explaining Why You Lost, Reasoning in Arbitration Related publications €75.00 Red Flags or Other Indicators of Corruption in International Arbitration €75.00 ICC Arbitration and ADR Commission Report on Resolving Climate Change Related Disputes through Arbitration and ADR €75.00 Effective Management of Arbitration – A Guide for In-House Counsel and Other Party Representatives FAQ What is ICC arbitration? ICC arbitration refers to the process of resolving disputes through arbitration under the rules of the International Chamber of Commerce (ICC). The ICC provides a structured framework for parties to resolve their disputes through neutral arbitration, ensuring fairness and adherence to international standards. How are arbitrators appointed in arbitration? Arbitrators in ICC arbitration are typically appointed by the parties or, if the parties cannot agree, by the ICC Court. The ICC Court oversees the process and ensures that the arbitrators are qualified and impartial. How long does the arbitration take? The duration of ICC arbitration varies depending on the complexity of the dispute, but the ICC aims to ensure that cases are resolved as quickly as possible. The new expedited procedures allow for faster resolution of smaller disputes, typically within six months after the tribunal is constituted. Are ICC arbitration awards enforceable internationally? Yes, ICC arbitration awards are generally enforceable worldwide, thanks to the 1958 New York Convention, which facilitates the recognition and enforcement of arbitration awards in 172 countries. This makes ICC arbitration a preferred method for international dispute resolution. Who pays for Arbitration? Generally, the losing party pays the arbitration costs.The tribunal can also decide to split costs based on case circumstances. Read more about the New York Convention

  • ICC Trade Register 2025 | ICC WBO Netherlands

    < Back < Previous | Next > ICC Trade Register 2025 30 Oct 2025 Built on over USD 25 trillion in transaction data, the ICC Trade Register 2025 offers the most comprehensive insight into global trade and supply chain finance. Its findings confirm trade finance as a low-risk, high-impact asset class—and show how data-driven evidence continues to shape smarter regulation, sustainability, and competitiveness worldwide. ICC Trade Register 2025 The global benchmark for trade and supply chain finance For over a decade, the ICC Trade Register has provided the most authoritative, data-driven picture of global trade and supply chain finance. With aggregated data from leading international banks, now exceeding USD 25.7 trillion in transactions , it has become the industry’s reference point for understanding risk, guiding regulation, and shaping how trade finance supports the real economy. From data to policy impact The ICC Trade Register is more than a database: it is a strategic instrument for the financial system . Its empirical evidence has influenced major prudential reforms, ensuring that trade finance receives the risk-sensitive treatment it deserves under Basel III . Over the years, ICC data has: Demonstrated the short-term, self-liquidating nature of trade finance instruments, leading to the maturity flow waiver ; Supported a reduction in Credit Conversion Factors from 50 % to 20 % for performance guarantees in the EU and UK; Secured lower Required Stable Funding under the Net Stable Funding Ratio (from 10 % to 2.5 %); Helped regulators adopt Exposure at Default (EAD) instead of full nominal values for leverage ratio calculations. These outcomes are not abstract. They translate into 30–60 % capital savings , up to 90 % reductions in expected credit loss provisions , and EUR 1–2 million in annual liquidity savings for mid-size and large banks. A clearer view of trade finance performance The 2025 edition of the Trade Register provides insight into a trade landscape being reshaped by geopolitics, digitalisation and sustainability. Its findings confirm that trade finance remains one of the lowest-risk asset classes in banking, even amid uncertainty. Key trends include: Receivables finance is now the fastest-growing trade product, projected to expand at a 5.4 % CAGR through 2033 ; Sustainable trade finance continues to rise — 3.1 % of global transactions are clearly green, and 74 % show potential sustainability alignment; Digital trade is gaining legal force, with MLETR-based legislation now covering around 10 % of global exports; Artificial intelligence is moving from pilot projects to enterprise-wide tools, improving efficiency and compliance across banking operations. These shifts underscore how technology, regulation and sustainability are converging to redefine trade finance — turning it into both a growth engine and a channel for responsible investment. Membership: data, dialogue, and influence Participating in the ICC Trade Register gives banks access to exclusive benchmarking, early insights, and a direct voice in policy discussions. Members benefit from: Early access to the complete report and datasets; Peer benchmarking of trade finance portfolios; Members-only briefings on regulatory developments; Active participation in steering discussions that guide the industry’s collective advocacy. By contributing data, member institutions help build the evidence base that underpins future engagement with the Basel Committee , the European Central Bank , and other regulators, ensuring that the risk profile of trade finance is recognised fairly and accurately. “The ICC Trade Register has become the global benchmark for our industry, providing clarity, confidence and tangible impact.”Samuel Mathew, Chair of the ICC Trade Register and Managing Director, Head of Documentary Trade at Standard Chartered Accessing the Trade Register 2025 The ICC Trade Register can be downloaded instantly and digitally via 2go.iccwbo.org .Institutions can choose from four levels of access: global overview, regional breakdown, single-region detail, or full report with Loss Given Default (LGD) data. Financial institutions that wish to contribute data or join as members can contact the ICC Trade Register team directly. Learn more ICC Trade Register 2025 Brochure – Full overview of insights, membership and access options. ICC Trade Register Strategic Preview – A closer look at the data’s regulatory influence and the 2025 outlook. ICC Banking Commission – ICC’s global rule-making body for the banking industry.

  • Marc Krestin | ICC WBO Netherlands

    < Back Marc Krestin Fieldfisher Arbitrator Biography Marc Krestin is a partner in the Dispute Resolution practice of the European law firm Fieldfisher, based in Amsterdam. Marc has over 16 years' experience as an international disputes lawyer. He acts as counsel in international commercial and investor-state arbitrations as well as in corporate and commercial litigations before Dutch courts, with a focus on energy, construction, infrastructure, technology and post-M&A disputes. Having lived, studied and/or worked in Germany, Switzerland, Austria, France and the Netherlands, Marc is a true European citizen and at ease in different cultural settings and legal systems. He has German citizenship, is qualified as a lawyer (advocaat) in the Netherlands and is fluent and conducts arbitrations in Dutch, German, English and French. Marc has particular experience with complex cross-border disputes in the following sectors: oil & gas (pipelines, refinieries, LNG plants, coal-fired power plants, long-term gas price agreements, production sharing agreements, concessions, decommissioning), renewables (solar, wind, hydrogen), construction, mining, IT/technology, telecom, banking & finance, real estate, retail & consumer products, automotive, aviation, transport & shipping. His geographical aeras of focus include the EU, US, UK, Switzerland, former CIS countries, Northern and Francophone Africa, South Africa, the Middle East and the APAC region and he has conducted arbitrations under the laws of the Netherlands, France, Belgium, Germany, Switzerland, England & Wales, New York, Morocco, Ghana, Côte d'Ivoire, Hong Kong, Singapore, Georgia, Russia and Ukraine. He also represents both claimants and defendants in class action proceedings in relation to environmental damage, consumer protection and competition law infringements. Furthermore, Marc sits as an arbitrator and regularly advises on matters of ESG, public international law, technology/AI and third-party funding. Marc has published extensively in the field of international arbitration, has held numerous speaking engagements, and has guest-lectured on topics of international arbitration and advocacy at universities in Amsterdam and Paris. He has been recommended in Who's Who Legal Arbitration: Future Leaders since 2019 and features in the Legal 500 Arbitration Powerlist: Benelux 2024 . He sits on the Executive Committee of the Rising Arbitrators Initiative (RAI) and is a member of the Dutch Arbitration Association (DAA), the International Arbitration Commission of the Association Internationale des Jeunes Avocats (AIJA) and the ESG Arbitration Subcommittee of the International Bar Association (IBA). Marc is admitted to the Dutch Bar (Amsterdam) since 2008 and registered with the Paris Bar (under Directive 98/5/EC) since 2019. He holds master's degrees in international law and economics from the Erasmus University of Rotterdam and an LLM in Comparative and International Dispute Resolution from Queen Mary University of London. Contact Details Netherlands +31611730195 marc.krestin@fieldfisher.com Additional Links Link About ICC Netherlands We ensure that Dutch business interests are heard and represented in international policymaking. We deliver tools and standards that simplify cross-border business like model contracts or Incoterms®. We support fair and efficient dispute resolution . Become a member Upcoming events Learn more Check our latest news! News Languages Spoken German, English, Dutch, French Specialisation Construction, Corporate Law / M&A, Finance and Banking, Information and Communication Technologies, Investment / Public International Law, Pharmaceutical, Sales, Sports, Transport, Environment, Agriculture, Distribution, Joint Ventures, Maritime, Real Estate, Renewable Energy, ESG, Retail, Technology/AI, Employment, Energy and Natural Resources Bar Admission(s) Credentials CV

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