The ICC Banking Commission’s quarterly meeting, held via Zoom on 5 August 2025, covered three draft opinions, updates on Technical Advisory Briefings, and the status of the ISBP Revision and ISBP Education Project.
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
Given the success of practice rules and banks’ ability to more readily find resources for the proper interpretation of the rule sets, does it not make sense to avoid inclusion of a governing law or jurisdiction clause?
Launched in 1996, DCW (Documentary Credit World) is the trusted resource for legal, regulatory, and practical developments in the world of trade finance—especially letters of credit (LCs), compliance, and working capital. Whether you’re a banker, legal professional, or compliance officer, DCW helps you stay ahead in a complex, evolving field.
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Summaries and expert legal analysis of key court cases impacting LCs and trade finance law. Stay informed with case law that affects your daily work.
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— International Trade Services, US-based Global Bank
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— Manager of Trade Services, Canada-based Global Bank
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