The ICC Banking Commission’s quarterly meeting, held via Zoom on 5 August 2025, covered three draft opinions, updates on Technical Advisory Briefings, and the status of the ISBP Revision and ISBP Education Project.
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
Given the success of practice rules and banks’ ability to more readily find resources for the proper interpretation of the rule sets, does it not make sense to avoid inclusion of a governing law or jurisdiction clause?
On 15 Feb 2023, DCSA members pledged to issue 50% of bills of lading (B/Ls) electronically by 2028 and 100% by 2030, aiming to cut costs and boost global trade.
On 15 February 2023, the Digital Container Shipping Association (DCSA) comprised of nine of the world’s largest container shipping companies announced its commitment to issue 50% of their bills of lading digitally within five years and all B/Ls electronically by 2030.
According figures cited by DCSA, shifting away from the transfer of physical, paper-based B/Ls could save stakeholders about USD 6.5 billion in direct costs and spur USD 30-40 billion in annual global trade growth.
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
The ICC Banking Commission sent out its comments on ISBP Revision Draft 3 feedback received from 19 ICC National Committees
The ICC Banking Commission’s “ICC Official Opinion Handling Procedure and Terms of Reference”, last updated in June 2023, sets
Banque de Commerce et de Placements S.A. (BCP) of Switzerland has lost its appeal of a High Court of
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