Guarantee & Standby Forum: May 19 Non-Case Material: * Singapore Paper Shows Banks Clear Inspection, but Gaps Remain (MAS Paper -
This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
The silent confirmation market is still active and prevalent for LCs in Asian countries as silent confirmation is one of the means for a beneficiary to mitigate issuing bank and country risk when it does not want other banks to confirm its credit.
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