DCW Monthly: February 2026
This month’s edition emphasizes how seemingly small drafting choices and operational decisions can lead to substantial legal and compliance
In the latest installment of his article series on originality of paper and electronic documents, Pavel Andrle addresses practical use of the current ICC rules and matters he believes need clarified to better facilitate use of electronic records in trade finance.
Because standbys and demand guarantees often contain automatic extension clauses, ICC Opinion TA954 offers important lessons for practice and the need for sound drafting of such clauses.
URDG 758 Article 15(c) makes clear that the requirement stated in Article 15(a) always applies unless expressly excluded in the guarantee, but does ISDGP help or harm in explaining this provision?
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 3 of an article series.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 2 of an article series.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of an article series.
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