At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It
Following its January 2026 quarterly discussion session, the ICC released on 11 February 2026 results and points of analysis from
Monetary Authority of Singapore "Financial Services and Markets Bill" from 2022.
The BNP v. Natixis case involved the assignment of letter of credit (LC) proceeds and nomination under an LC, raising legal considerations. The court ruled in favor of the assignee (BNP), stating that Natixis waived any right to setoff when accepting the assignment. A Chinese law view
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
In McNeil & NRM Inc. v. SA Bank Audi France, the court ruled on a dispute over an advance payment guarantee. The case highlights the importance of precise guarantee wording and adherence to standard practices in international transactions.
Citing an inability to find an appropriate payment arrangement, would-be purchasers of discounted Russian thermal coal based in Asia have
In February 2022, digital platform TradeLens announced successful completion of an LC transacted with HSBC and Syngenta using a digital
New York County’s Supreme Court has rejected an Indian issuing bank’s motion to dismiss a complaint regarding an
On 20 April 2022, U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russian bank,
On 8 April 2022, the Council of the European Union imposed restrictive measures against an additional 217 individuals and 18
The Institute of International Banking Law & Practice (IIBLP) has named Moses & Singer LLP Partner Michael Evan Avidon as
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