Because standbys and demand guarantees often contain automatic extension clauses, ICC Opinion TA954 offers important lessons for practice and the need for sound drafting of such clauses.
The ICC Banking Commission returned to Dubai, UAE, for its 2025 Annual Meeting on 17 February. The one-day event was organized by ICC UAE and hosted by Dubai Chambers. In addition to those participating in-person, others attended virtually.
The ICC Banking Commission held its 2024 Annual Meeting on 9-10 April in-person in Paris and virtually via Teams. An opening session on the ISBP review process was followed by the ICC Official Opinions session. Day 2 featured thematic sessions and the Commission’s semi-annual Plenary Meeting.
The ICC Banking Commission held its 2023 Annual Meeting as a virtual event conducted via the Zoom online platform. An ICC Official Opinion session attracting more than 200 participants took place on 18 April, followed by a Plenary session on 19 April.
