DCW Monthly: April 2026 The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what& Chris Sandler Apr 15, 2026
DCW Updates Diverse Views Define UCP Revision Voting There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally, Christopher Byrnes Apr 15, 2026
Standby LC Standby LCs Are Good Business – If You Know What You Are Doing! Proposed EU Capital Requirements Regulation changes may raise credit conversion factor for standby letters of credit. Limited data suggests low default rates. Banks issue standbys for fees, and despite credit risk, many expire unused. Vin O'Brien Jan 19, 2023