This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
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.
With the causation defence being increasingly engaged in misdelivery cases, there is a great deal for banks and shipowners to learn from The “Maersk Katalin” case.
error in initial date in DCW PDF but fixed here.
On 5 June 2023, the ICC Banking Commission released the findings and proposals of its working group concerning API Industry
The ICC Banking Commission has announced its intention to compile an eUCP Directory in order to bring attention to banks’ capacities to handle eUCP letters of credit.
ICC republished four guidance papers on recommended principles and usages around the UCP600 rules in February 2023. The collection of
Two draft opinions, one new and one re-submitted, were released in mid-February to ICC National Committees for review and comment
The next ICC Opinions session will take place on 18 April 2023 in a purely virtual setting, followed by a
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
19-20 October 2022 The ICC Banking Commission held its 2022 Technical Meeting as a hybrid event in-person in Paris and
In the latest of its ongoing educational series, the ICC Banking Commission addresses the subject of “Documents presented by a
While recognizing market demand among trade finance practitioners for supply chain finance (SCF) rules, the Global Supply Chain Finance Forum
In “Trade is critical to achieve the Sustainable Development Goals”, the ICC presents its analysis to highlight that trade is
One Draft Opinion will be discussed at the ICC Banking Commission’s next quarterly meeting in October 2022. The Draft
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