Course Listing

Trade Finance Law
Last Updated Date:   5 July 2024


4 Units,  Semester 1

Course Description:
Trade Finance Law considers the different legal structures used to effect payment under, and disincentives breaches of, international agreements for the supply of goods and services. The course analyses and compares documentary and standby letters of credit, international drafts and forfaiting, performance bonds and first demand guarantees and export credit guarantees. Key topics will include the structure, juridical nature and obligational content of the aforementioned instruments; the nature of the harmonised regimes and their interaction with domestic law; the principle of strict compliance and its relaxation; documentary and non-documentary forms of recourse; the autonomy principle and its exceptions; and the conflict of laws principles applicable to autonomous payment undertakings. The course should be of interest to students who have already studied other components of international trade and/or who have an interest in international banking operations.

Course Convenor: Visiting Prof Nelson Enonchong

Co-teacher(s): NA

Course Codes: LL4322 / LL5322 / LLJ5322 / LL6322 / LLD5322

Contact Hours: 9 session over 3 weeks: Three 3hr weekly seminar

Workload: Intensive course: Wk 1-3; Dates: 12 - 30 Aug 2024 [Mon, Wed: 6.30 - 9.30pm; & Fri: 3 - 6pm]

Mode of Assessment: Written Papers - 10%; Research Paper - 90% [Due: Fri, 4 Oct 2024 (9pm)]

Preclusions: LL4322V/LL5322V/LL6322V/LLJ5322V Trade Finance Law

Prerequisites: NUS Compulsory Core Law Curriculum or common law equivalent. Students should have covered the core private law subjects of Contract, Tort and Trusts.

Examination Date: Different Mode of Examination

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