DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
DCW Conference Report
2022 ICC BC Annual Meeting: Keynote Address by Jun XU
Jun XU, Vice Chair of the ICC Banking Commission Steering Committee, delivered the Keynote Address at the 2022 ICC Banking Commission Annual Meeting on 21 April.
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There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
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Billed as a deliberate shift from rule revision to rule optimisation, the ICC Banking Commission’s 2026-2027 Action Plan – UCP/
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Although ICC has opted not to pursue UCP revision at this time, trade finance consultant Miguel Bustamante explains why he believes both revision and education are needed and are not mutually exclusive.
DCW Updates
ICC Finalizes Opinion on B/L Freight Details
At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It