February 2024
Libyan Customs and Bank Officials Detained in LC Fraud Scheme
Seventeen customs officials and nine bank employees have been detained in Libya for their alleged involvement in a LYD 1.2 billion (USD 246 million) letter of credit fraud.
ISP98 Charts a Different Path to Successful Practice Rules
From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.
ISP98 Rule 1.04: Analysis and Insights
Unpublished work by Prof. Byrne examines ISP98 Rule 1.04's impact and particular rules, crucial for standby agreement stakeholders.
US Treasury Reports on Key Money Laundering Threats and Risks
Key takeaways from the US Treasury Report on money laundering risks and threats.
What We Can Learn From the Kuvera Resources v. JPMorgan Chase Bank Case
Learnings and reflections from the Kuvera Resources v. JPMorgan Chase appeal from 2023.
ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
Generation Next Fashions Ltd. v. JPMorgan Chase Bank, N.A. [2023]
Seller sued Collecting Bank for breach of URC 522
U.S. Office of Foreign Assets Control (OFAC) FAQ 973
OFAC FAQs about foreign financial institutions sanctioned pursuant to EO 14024
