DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
ISP98
53 articles
(Page 3)
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.
DCW Feature
International Standby Practices ISP98 – 25 Years
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
DCW Feature
Analysis and Insights on ISP98 Rule 1.02
ISP98 Rule 1.02: Relationship to Law and Other Rules
DCW Conference Report
2023 Americas Standby Forum: Executive Summary
For the 17th consecutive year, the Institute of International Banking Law & Practice conducted its Americas Standby & Guarantee Forum on 11 October 2023. This summary provides an overview of topics discussed and debated at the program hosted by Hogan Lovells in New York and held as a hybrid event.
DCW Articles
Electronic Presentation of Documents? It’s Already Happening
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
DCW Updates
Jin Provides Update on Standby LC Cases of Significance in China
Prominent Chinese lawyer Saibo Jin alerted delegates at the IIBLP Annual Survey of LC Law & Practice in Hong Kong
DCW Feature
Application of US Uniform Commercial Code Article 5 in International Letter of Credit Transactions
A look into application of US UCC Article 5 for letter of credits outside of the United States
DCW Updates
Energy LEAP Drafts Standby LC Wording for Oil Industry
Energy LEAP, a not-for-profit organisation in which member companies across the oil trading industry work to define standards which offer
DCW Articles
Comment on the Windsor Township Case of the Lost Original LC
The Windsor Township v. Tompkins Financial Corp. case emphasizes the significance of original letters of credit but questions their necessity in modern electronic transactions.
