DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
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Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding ICC Opinion TA930 rev (April 2023). It points out that since TA930rev was finalised prior to the November 2024 updating of ICC guidance regarding the use of sanctions clauses, an adjustment was needed to TA930 rev to ensure coherence between the Opinion and the amended guidance.
see also: ICC Opinions Tracker
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DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
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