June 2025
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
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.
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
ICC Releases Draft Opinions to be Discussed at August 2025 Session
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
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 regarding
Weiss Decries US FCC Changes to Screening Standards for LC Issuing Banks
Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost competitive bidding
APEC Committed to Adoption of MLETR
At a meeting of Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade in Jeju, Republic of Korea, 15-16 May 2025,
Former Bank Managers Face Charges in Hong Kong Related to False Standby LCs
Hong Kong’s Independent Commission Against Corruption (ICAC) which previously brought conspiracy charges against two ex-bank managers for their alleged
ICC Announces Standard API for Attachments of Trade Finance Instruments
Further to a past update on ICC efforts to develop standard API for trade finance instruments in cooperation with SWIFT,
Import LCs on the Rise in Bangladesh
Following months of political turmoil prior to the 5 August 2024 ousting of the Awami League government, Bangladesh has experienced
Reflections from FCCi’s First Fireside in Singapore
On 21 May 2025, we hosted our first ITFA-FCCi Afterwork Networking Happy Hour in Singapore. The team at Rajah &
