UCP 600 Revision Talk Resurfaces
Dave Meynell and Gary Collyer identify elements from the ISBP 821 drafting process that could potentially form the basis of a revision to UCP600.
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ICC Opinions: Why has Usage Reduced?
Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.
Simple Documentary Credit Format
In the fourth instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell reinforces the case for simple documentary credits and offers tips on how to construct them.
Shining Light on the Fading Concept of Strict Compliance
In the third instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell confronts continuing misplaced reliance on strict compliance.
Discrepancy Rates under UCP 600
In the second instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell considers the problems contributing to chronically high discrepancy rates and offers viable solutions.