In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
DCW Articles
Keynote Address by Jun XU to 2022 ICC BC Annual Meeting
Keynote address by Jun XU to the 2022 ICC Banking Commission Annual Meeting
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DCW Articles
First Brands Bankruptcy Casts Spotlight on Supply Chain Finance
The September 2025 bankruptcy filing of First Brands has thrust supply chain finance into the industry spotlight again. Supply chain specialist Tat Yeen Yap explains how certain forms of SCF techniques work and addresses whether they can give rise to opaque accounting and hidden financial debt.
DCW Articles
Don’t Walk Away: A Tried and Tested Alternative to “Pay and Walk”?
Practice rules for independent undertakings do not address "pay and walk" clauses that are being used in some regions and shunned by others. Here, David Williams puts forth an alternative option for consideration.
DCW Articles
Comments on ICC Banking Commission Opinion TA954
The auto-extension clause used in a UCP 600 standby that gave rise to ICC Opinion TA954 illustrates the serious concerns that can emerge when ambiguous wording is inserted in a credit. Li Huang identifies and examines issues to consider.
DCW Conference Report
October 2025 ICC Banking Commission Meeting
The ICC Banking Commission’s quarterly meeting, held via Zoom on 21 October 2025, discussed six draft opinions, the status of Technical Advisory Briefings, a call for comments on the future of UCP and ISBP, and the emergence of stablecoin as relates to ICC rules and digital trade law.