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.
In an attempt ensure global understanding of the wording “read in context with” as used in UCP600 Article 14(d)
Prompted by the perceived lack of general awareness of ISBP 821 provisions for handling certificates, the ICC Banking Commission addressed “Handling of Certificates under Documentary Credits subject to the UCP 600” in Technical Advisory Briefing No. 8 (TAB-8).
Summary takeaways from the ICC Banking Commission Technical Meeting
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued documentary
The next ICC Opinions session will take place on 18 April 2023 in a purely virtual setting, followed by a
In the latest of its ongoing educational series, the ICC Banking Commission addresses the subject of “Documents presented by a
The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.
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