This month’s edition emphasizes how seemingly small drafting choices and operational decisions can lead to substantial legal and compliance
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
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 3 of an article series.
The provisions of URDG can be modified, overridden, or excluded by inserting suitable replacement wording in the text of the guarantee.
Korean Supreme Court dismisses Instructing Bank's appeal in URDG458 case [2021]. Extend or Pay request ruled invalid; Counter Indemnitor not obliged to pay. Learn more about the construction dispute.
Pavel Andrle's exploration of the originality of paper and electronic documents - Part 2 of an article series.
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.
The ICC Banking Commission has released three Draft Opinions that will be discussed at its next opinion review session that
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?
On 31 March, 2021, the long-awaited International Standard Demand Guarantee Practice (ISDGP) Publication No. 814E, a complement to URDG758 documenting
Certain banks issuing standby letters of credit subject to ISP98 (or demand guarantees subject to URDG758) have been including “Pay
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
