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
LCs calling for copies and photocopies. Does it make a difference if copies are called for by the applicant compared to photocopies presumably called for by the issuing bank?
In a recent discussion among LC specialists, the group considered the situation of a commercial LC which required “presentation of 3/3 original onboard Bills of Lading and 3 copies apart from other documents”.
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
In Trafigura PTE Ltd. v. Gupta[[1]], a London High Court ruled in favor of Trafigura in its USD 500
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