DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
ICC Sanctions Guidance Paper Addendum (2020)
3 articles
DCW Updates
ICC Adjusts Opinion TA930rev to Conform with Amended Sanctions Guidance
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note
DCW Updates
ICC Revises Guidance on Use of Sanctions Clauses
Stemming from Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A. where the High Court of Singapore determined that
