This month, we're spotlighting the challenges and hard-earned lessons emerging from LC disputes and sanctions enforcement crackdowns. Carter
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
The Bank of England reversed its plan to raise trade finance capital requirements from 20% to 50%, aligning with the EU approach but raising insurance-related requirements.
The Bank of England has reversed course from its plan to increase capital requirements for trade finance instruments, such as guarantees and standby letters of credit. Initially proposed to rise from 20% to 50%, the change was halted after feedback and data suggested that the original proposal was too conservative. This move departs from the Basel Committee on Banking Supervision but brings the UK's regulatory stance in line with the approach taken by the European Union.
This month, we're spotlighting the challenges and hard-earned lessons emerging from LC disputes and sanctions enforcement crackdowns. Carter
The push to advance trade through digitialisation figures prominently on the agendas of industry events taking place in Dubai, United
DCW Recap of Arnold & Porter Webinar From primarily a US perspective, legal professionals from Arnold & Porter and a
A webinar hosted by the Association of Trade Finance Compliance Professionals (ATFCP) on 28 January 2025 featured particular focus on
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