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.
DCW is pleased to welcome Zahoor Dattu, Ahmir Mansoor, Glenn Ransier and Kristine Siebel to the Editorial Advisory Board.
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).
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.
Standard Chartered, Truist Bank Form Trade Finance Partnership to allow their customers to conduct global business more efficiently.
Following revision of its Terms of Reference for handling the technical side of its work, the ICC Banking Commission announced the confirmation of Ms. Farideh Tazhibi of ICC Iran and Mr. Jin Saibo of ICC China as Technical Advisors.
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