DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
Following his writing in the past two editions of DCW, Robert Parson examines legal developments on sanctions and sanctions clauses that have arisen in courts recently and implications for LC practice.
Operating on the premise that the trade finance industry currently lacks a standard document exchange proposition for trade finance instruments, an ICC-SWIFT Working Group on API Standards for Trade Finance is attempting to construct an industry standard API specification for trade document exchange.
This month, we sort through some of the big questions shaping LC practice today. Is it time to rewrite UCP
The ICC Banking Commission returned to Dubai, UAE, for its 2025 Annual Meeting on 17 February. The one-day event was organized by ICC UAE and hosted by Dubai Chambers. In addition to those participating in-person, others attended virtually.
In the fifth instalment of his DCW article series on major contemporary issues surrounding documentary credit practice, ICC Banking Commission Senior Technical Advisor Dave Meynell offers his thoughts on the highly-charged question: Is it time for UCP to be revised?
In 2022, the ICC Banking Commission began handling and discussing ICC Opinions on a quarterly basis instead of on a
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