Latest news (Page 45)

Legislative Bill Introduced in New York to Advance Electronic Records

A bill to amend New York State’s Uniform Commercial Code (UCC) and adopt a new Article 12 (Controllable Electronic

Jin Provides Update on Standby LC Cases of Significance in China

Prominent Chinese lawyer Saibo Jin alerted delegates at the IIBLP Annual Survey of LC Law & Practice in Hong Kong

Bank Alleges Collusion in Petroleum Deal

UniCredit Bank A.G. v. Glencore Singapore Pte. Ltd. [2022]

Unreimbursed LC Issuer alleged sham transaction between Beneficiary and insolvent Applicant.

(Un) Real Trade Finance

Insurance Certificate’s Signing: Discrepant or Not? And Why?

-- needs image of Marine Certificate of Insurance, p. 46 of May 2023 DCW

Enigio’s trace:original Solution Backs First Complete Digital Trade Transaction

Digital information tech company Enigio announced on 31 May 2023 that it has completed its first digital end-to-end trade document

Vietnam’s New Regulations on Bank Guarantees in Force

On 1 April 2023, Circular No. 11/2022/TT-NHNN issued in 2022 by the State Bank of Vietnam (SBV) regarding

LC Issuances Drop to 32-Month Low in Bangladesh

Multiple factors have contributed to a continuing precipitous fall in the value of LCs opened and settled in Bangladesh. According

ICIEC Reaches Credit Insurance Policy Deal with Saudi EXIM Bank

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a segment of the Islamic Development Bank (IsDB)