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 Practice
5 articles
DCW Articles
Inside Ops: Pete DelGrosso on SBLCs and the ISP98 Forms
A simpler, more standardized approach to standbys benefits everyone and the ISP98 Model Forms offer built-in best practices.
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.
Commercial LCs
Letters of Credit in U.S. Bank Failures: Possible Outcomes
Creditworthiness and reliability are foundational to letters of credit. By substituting the creditworthiness of the issuing bank for that of
DCW Updates
ICC Initiates Proposal on API Industry Standards for Guarantees & Standbys
On 5 June 2023, the ICC Banking Commission released the findings and proposals of its working group concerning API Industry
DCW Updates
Standby LCs and Non-Extension Clauses
Bankers share opinions on what it means when a non-extension notice is sent more than 60 days prior to expiry, but then LC extended 6 months anyway.