October 2025
DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
ISP98
50 articles
(Page 2)
DCW Updates
Hindsight since 2020: Market Trends Shaping Standby Practice
The onset of the global pandemic in March 2020 necessitated immediate and sometimes drastic changes in how banks and other
DCW Feature
ISP98, A Success Story
A member of the ISP drafting group offers perspective on the vision, birth, development, and future of the international rules built 25 years ago for standby LC practice.
DCW Articles
Three Recent ICC DOCDEX Decisions Applying the ISP98 Rules
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
DCW Articles
Analysis and Insights on ISP98 Rule 3.07
ISP98 Rule 3.07: Separateness of Each Presentation
Commercial LCs
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
DCW Articles
How Translation of ISP98 Transformed Standby LC Practice in Japan
The transition from UCP to ISP that revolutionized trade in Japan.
DCW Articles
ISP98 Charts a Different Path to Successful Practice Rules
From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.
DCW Articles
ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
