DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
We’re excited to announce an exclusive new benefit for DCW subscribers—select IIBLP eBooks are now included as part
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United Nations Commission on International Trade Law (UNCITRAL) Working Group VI (Negotiable Cargo Documents) held its 44th Session at the
Alignment between UK Electronic Trade Documents Act 2023 and MLETR. Criteria for electronic trade document reliability, the Act's impact on eUCP, and systems for digitising trade.
The evolution from traditional paper Bills of Lading to electronic formats, detailed in ICC Opinion TA.929, reflects a seismic shift; as eB/Ls gain traction through digital platforms like Bolero and pioneering blockchain technology, legal recognition and harmonization lag.
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
Lloyds Bank executes the first digital trade transaction using Enigio's trace:original platform on the day the UK Electronic Trade Documents Act (UK ETDA) went into effect.
Asian Development Bank and partners organized an event in Beijing advocating for MLETR adoption in China, addressing challenges posed by fragmented legislation, and highlighting rapid growth in electronic transactions.
A bill to amend New York State’s Uniform Commercial Code (UCC) and adopt a new Article 12 (Controllable Electronic
Despite advancements, eUCP has limited use, especially in China. The article discusses the challenges of electronic presentation and underscores the importance of recognizing electronic records on par with paper documents in LC transactions.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of a three part series.
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