At its quarterly meeting on 21 July 2026, the ICC Banking Commission reviewed and finalized six Opinions, including four dealing
Beyond discussion and finalization of six ICC Opinions at its quarterly Technical Advisory Session on 21 July 2026, the ICC
The matter of force majeure was addressed in the first version of UCP[[1]] in 1933 and largely resembles the
As previously reported in DCW, two recent breakthroughs in China that are substantially consistent with the UNCITRAL Model Law on
In case where Seller pursued claim for purchase price, court determined LCs were conditional, not absolute, forms of payment
In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not
China’s revision of its Maritime Law which took effect 1 May 2026 not only ushered in enhancements of parties’
The Central Bank of India and India Exim Bank announced on 13 July 2026 that they have formulated a Master
New York-based data and digital infrastructure company Versana announced on 19 May 2026 that it now offers banks the
The rules are what they are and it’s time to move beyond what more they should include, less they
While acknowledging the reporting of trade finance data is “scarce and fragmented”, an article released by the Board of Governors
Case involved LCs containing a condition that Issuing Bank would only honor demands if Applicant first furnished indemnification to Issuing Bank.
In partnership with the International Trade & Forfaiting Association (ITFA), Trade Treasury Payments (TTP) published its “Trade Finance Guide 2026”
DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US. Numbers are in USD 1,
Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement
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