DCW Monthly: June 2025

This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.

Chris Sandler Jun 13, 2025

A Critical Review of ICC Opinion TA.948

Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.

Rupnarayan Bose Jun 13, 2025

DCW Updates

English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims

In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft

DCW Newsroom Jun 13, 2025

Guarantee Practice

4 articles

Commercial LCs

2023 Americas Standby Forum: Executive Summary

11 October 2023, New York For the 17th consecutive year, the Institute of International Banking Law & Practice conducted its

Christopher Byrnes Oct 20, 2023

Demand Guarantees

2023 ICC Banking Commission Technical Meeting 24-25 October 2023: Executive Summary

Summary takeaways from the ICC Banking Commission Technical Meeting

Christopher Byrnes Oct 13, 2023

Demand Guarantees

ICC & Swift Release API Standards for Guarantees & Standbys

The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees

Christopher Byrnes Aug 28, 2023

DCW Updates

Vietnam’s New Regulations on Bank Guarantees in Force

On 1 April 2023, Circular No. 11/2022/TT-NHNN issued in 2022 by the State Bank of Vietnam (SBV) regarding

Christopher Byrnes May 11, 2023