October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
Standby LC
88 articles
(Page 3)
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
How Translation of ISP98 Transformed Standby LC Practice in Japan
The transition from UCP to ISP that revolutionized trade in Japan.
DCW Updates
An Embedded Thorny Clause to Clear Payment of Standby
Issuing bank received a timely demand that complied with the standby. However, on the beneficiary’s cover letter, the payment instruction request to remit payment to their account with a different bank than what is stated on the certification.