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UCP 600: Uniform Customs and Practice for Documentary Credits - International chamber of commerce rules governing the operation of Letters of Credit globally

ISP98: International Standby Practices - Rules governing standby letters of credit, particularly relevant if the performance letter of credit is in standby form

Bills of Exchange Act 1882: Primary UK legislation governing negotiable instruments and relevant to the banking aspects of letters of credit

Sale of Goods Act 1979: UK legislation governing sales contracts, relevant when the underlying transaction involves goods

FSMA 2000: Financial Services and Markets Act 2000 - Primary UK legislation governing financial services and markets regulation

FCA Regulations: Financial Conduct Authority regulations governing financial institutions and their conduct in the UK

PRA Requirements: Prudential Regulation Authority requirements for banks and financial institutions issuing letters of credit

Bank of England Regulations: Central bank regulations affecting banking operations and financial instruments in the UK

English Contract Law: Common law principles governing contract formation, enforcement, and interpretation in England and Wales

UCC Principles: Uniform Commercial Code principles, while not UK law, often referenced in international trade transactions

AML Regulations: Anti-Money Laundering regulations that must be considered in financial transactions and letter of credit operations

CTF Regulations: Counter-Terrorist Financing regulations applicable to financial instruments and international transactions

Sanctions Regulations: Financial sanctions regulations affecting international trade and financial transactions

ICC Guidelines: International Chamber of Commerce rules and guidelines for international trade and banking practice

Basel Guidelines: Basel Committee on Banking Supervision guidelines affecting banking operations and risk management