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
In a complex legal saga involving the purchase of light naphtha, a letter of credit mishap, and a cargo delivery dispute, the High Court of Singapore explores issues of contractual breach, the lawful holder status of bills of lading, and the application of English and Singapore law.
Guarantors Caught Between Home Courts That Do Not Apply the Fraud Exception and Courts in the Counter-Guarantor's Country
On 12 October 2022, HL Bill 57 – the Electronic Trade Documents Bill – was presented before the United Kingdom Parliament. The
The ICC Banking Commission's TAB#4 sheds light on UCP600 Article 35, assuaging concerns about lost documents. The clarification emphasizes the LC issuer's responsibility to honor compliant drawings, even if documents are lost in transit between nominated banks, providing relief to practitioners.
Beneficiary sued Issuer for Wrongful Dishonor.
Robert Parson, a leading lawyer advising in high profile trade and commodity finance cases, goes head-to-head with Vincent O’Brien,
State Bank of Pakistan (SBP), Pakistan’s central bank, initiated a curb on imports in order to control foreign currency outflow due to Pakistan’s depleting foreign currency reserve situation.
In spite of government restrictions imposed in May 2022, wheat exports have since doubled due to pre-existing orders, the impact
Cleareye.ai, an advanced artificial intelligence and machine learning platform, announced on 21 September 2022 its strategic alliance with J.
While recognizing market demand among trade finance practitioners for supply chain finance (SCF) rules, the Global Supply Chain Finance Forum
In the latest of its ongoing educational series, the ICC Banking Commission addresses the subject of “Documents presented by a
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