DCW Monthly: April 2026 The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what& Chris Sandler Apr 15, 2026
DCW Updates Diverse Views Define UCP Revision Voting There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally, Christopher Byrnes Apr 15, 2026
DCW Articles New York Legislature Passes 2022 UCC Amendments Enactment of the 2022 Amendments to the Uniform Commercial Code updates New York’s commercial law to fully recognize electronic records. They also affirm that signed electronic letters of credit have the same legal effect as paper-based LCs. Paul Roder, Michael Fingerhut Sep 12, 2025
DCW Feature US UCC Article 5’s Non-Variable Provisions How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries. Buddy Baker Aug 23, 2024