How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
Canada's Court of Appeal of Alberta affirmed trial judgment, dismissing LC Applicant's appeal and terminating short term interim injunction.
Exploring measures to prevent illicit arms trade to Myanmar. Learn about evasion techniques, global sanctions, and recommendations for maritime companies and financial institutions. Trade compliance in the aftermath of the Myanmar coup.
In February 2021, Senior General Min Aung Hlaing and other military leaders staged a coup in Myanmar. The Junta, officially called the State Administration Council, detained and charged leaders of the opposition. As a result, massive protests erupted nationwide in the southeast Asia country.
Following the coup, the global community imposed several resolutions and sanctions to prevent responsible parties, or those connected to the military, from accessing the financial system and trading certain goods, such as weapons. This article focuses on the trade of weapons to Myanmar, specifically the actions taken to prevent this activity, current evasion techniques and what firms can do to thwart this.
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.
Five draft opinions – some garnering much more attention than others – were finalized in an ICC Banking Commission quarterly discussion session
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