2023 ICC Banking Commission Technical Meeting 24-25 October 2023: Executive Summary
Summary takeaways from the ICC Banking Commission Technical Meeting
Judgment for Confirming Bank that Dishonoured Complying Documents Reversed
-- link to Kuvera case
Opening Day of ETDA, Lloyds Bank Executes Digital Trade Transaction
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.
Standard Chartered, Truist Bank Form Trade Finance Partnership
Standard Chartered, Truist Bank Form Trade Finance Partnership to allow their customers to conduct global business more efficiently.
ICC Banking Commission Expands Technical Advisory Team
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.
How Does the New ETD Act Mesh with Other Laws and Rules Geared toward Electronic Trade?
David Meynell updates the ICC on the UK Electronic Trade Documents Act (ETD Act), highlighting its synergy with the UN Model Law, ICC rules, and practice guidelines. The paper explores key clauses, emphasizing harmonization and functional equivalence between the ETD Act and international frameworks.