Latest news (Page 75)

ICC Technical Advisory Briefing No. 1 (TAB-1) - on Non-Documentary Conditions

The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.

Sri Lanka: Importers now Insisting on Confirmed LCs

As the country’s foreign exchange shortage worsens, regular suppliers of imports who previously extended credit terms are now insisting on confirmed LCs.

Stevenson Appointed SVP of Trade at BAFT

Longtime trade finance expert Scott Stevenson joined BAFT as Senior Vice President of Trade in 2021.

Joint Motion for Protective Order Granted in Zions

US Court granted a joint motion for a protective order in breach of contract action Zions v. JPMorgan.

ISP98 Rule 3.06(B) Case Study and Comments on Beneficiary Rights

Additional ICC Technical Advisory Briefing Topics Identified

Following the release of TAB-1, the ICC announced three future TABs for 2023 and beyond.

ISDGP and Advising Banks: For a Flexible, Pragmatic Interpretation of Control on Behalf of the Issuer

On 31 March, 2021, the long-awaited International Standard Demand Guarantee Practice (ISDGP) Publication No. 814E, a complement to URDG758 documenting

Views on ISDGP’s Interpretation of URDG 758 Article 4(a)

Bold Critique of SWIFT: Justified or Not?

Even as SWIFT volumes have ascended to record levels amid the global pandemic, The Economist has issued a call for

ICC BC Technical Advisory Briefings to Debut in 1Q22