Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.
BANGLADESH: Bangladesh Bank, the central bank, issued a circular regarding banks’ duty to report required data of back-to-back LCs to the online import monitoring system (OIMS).
According to The Daily Star, some banks have ignored instructions for submitting data on a regular basis.
