How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.
In “Trade is critical to achieve the Sustainable Development Goals”, the ICC presents its analysis to highlight that trade is a means of implementing Sustainable Development Goals (SDGs) and that methodologies to assess the connection between trade and SDGs should accurately take into account the complexities and multidimensionality of global trade.
The 12-page paper released 21 September 2022 focuses on addressing trade linkages with four SDGs:
The ICC is also in the process of developing a framework for sustainable trade and trade finance definitions.
This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.
Five draft opinions – some garnering much more attention than others – were finalized in an ICC Banking Commission quarterly discussion session
Following the discussion of ICC Opinions on 2 July 2024, updates on other ICC Banking Commission projects were given. ICC
Upon request of its customer, Lummus Technology Heat Transfer B.V., Credit Agricole Corporate & Investment Bank issued a letter
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