Temporary Injunction against LC Beneficiary in Credit Agricole Case Vacated on Appeal
Strabag, SpA v. Credit Agricole CIB case appeal
2023 Americas LC Law Summit: Executive Summary
For the 24th consecutive year, the Institute of International Banking Law & Practice conducted its one-day Americas Letter of Credit Law Summit.
DCW Announces Additions to Editorial Advisory Board
DCW is pleased to welcome Zahoor Dattu, Ahmir Mansoor, Glenn Ransier and Kristine Siebel to the Editorial Advisory Board.
Law Professional Convicted for Attempting to Mislead in Money Laundering Investigation
The UKs Serious Fraud Office (SFO) secured the conviction of solicitor William Osmond, who disclosed confidential details about a money laundering investigation and forged a legal document in an attempt to mislead authorities. Osmond was subsequently sentenced to nine months in prison.
ICC Briefing Takes Up Handling of Certificates under UCP600
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).
2023 Americas Standby Forum: Executive Summary
11 October 2023, New York For the 17th consecutive year, the Institute of International Banking Law & Practice conducted its
India Conducts Raids in USD 6.7 Billion LC Fraud Case
India’s Enforcement Directorate government agency has conducted a fresh set of searches against promoters and entities connected to Bhushan Steel Limited (BSL) as part of a money laundering probe related to an alleged INR 56,000 crore (USD 6.7 billion) bank fraud case.