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2024 ICC Banking Commission Annual Meeting: Executive Summary

The ICC Banking Commission held its 2024 Annual Meeting on 9-10 April in-person in Paris and virtually via Teams. An opening session on the ISBP review process was followed by the ICC Official Opinions session. Day 2 featured thematic sessions and the Commission’s semi-annual Plenary Meeting.

LC Stats: Comparing 4Q 2019 to 4Q 2023 for US Banks

Charting 4 years of issuance for the top 50 US-based LC banks. See who moved into the top 50, and how things have shifted from pre to post Covid.

Trend 1: Increasing Complexity in Commercial LCs

Trend 2: Electrification of the LC

Trend 3: Continuing Trouble with Demand Guarantees

Trend 4: Shift to Commercial Standbys

Trend 5: The Sanctions Challenge

Trend 6: The Increasing Significance of Law

What to Watch for: Six Trends in Letter of Credit Practice | Revisited

In 2012, Professor James E. Byrne identified six emerging trends affecting the continued value and profitability of LCs. In their capacity as DCW Editorial Advisory Board members, experienced practitioners offer commentary

What to Watch For: Six Trends in Letter of Credit Practice (2012)

Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.