DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
Although ICC has opted not to pursue UCP revision at this time, trade finance consultant Miguel Bustamante explains why he believes both revision and education are needed and are not mutually exclusive.
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
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