August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
ICC Banking Commission
84 articles
DCW Updates
ICC Finalizes Six Opinions at July 2026 Session
At its quarterly meeting on 21 July 2026, the ICC Banking Commission reviewed and finalized six Opinions, including four dealing
DCW Updates
ICC Banking Commission Updates on Its UCP Educational Push
Beyond discussion and finalization of six ICC Opinions at its quarterly Technical Advisory Session on 21 July 2026, the ICC
DCW Articles
Surrendered Bills of Lading – Strange Path to the Right Result
Surrendered bills of lading are not addressed in UCP or ISBP, so ICC was approached to opine on the topic. Kim Sindberg details the initial ask and the guidance ultimately given.
DCW Updates
ICC Releases Draft Opinions for July 2026 Discussion
Six Draft Opinions will be taken up by the ICC Banking Commission at its next quarterly Technical Advisory meeting on
DCW Updates
Amid Conflict, ICC Urges Application of Practice Rules as Usual
Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement
DCW Articles
The Case against UCP 600 Revision and for Education
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
DCW Updates
Diverse Views Define UCP Revision Voting
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
DCW Updates
ICC Unveils Two-Year UCP, ISBP Action Plan
Billed as a deliberate shift from rule revision to rule optimisation, the ICC Banking Commission’s 2026-2027 Action Plan
DCW Articles
Why We Need UCP Revision and More Purposeful Education
Although ICC has opted not to pursue UCP revision at this time, trade finance consultant Miguel Bustamante explains why he believes both revision and education are needed and are not mutually exclusive.
DCW Updates
ICC Finalizes Opinion on B/L Freight Details
At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It
DCW Updates
ICC NCs to Comment on Future of UCP600, ISBP
Following its January 2026 quarterly discussion session, the ICC released on 11 February 2026 results and points of analysis from
DCW Conference Report
October 2025 ICC Banking Commission Meeting
The ICC Banking Commission’s quarterly meeting, held via Zoom on 21 October 2025, discussed six draft opinions, the status of Technical Advisory Briefings, a call for comments on the future of UCP and ISBP, and the emergence of stablecoin as relates to ICC rules and digital trade law.