The ICC Banking Commission’s quarterly meeting, held via Zoom on 5 August 2025, covered three draft opinions, updates on Technical Advisory Briefings, and the status of the ISBP Revision and ISBP Education Project.
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
Given the success of practice rules and banks’ ability to more readily find resources for the proper interpretation of the rule sets, does it not make sense to avoid inclusion of a governing law or jurisdiction clause?
A high-level workshop for trade & supply chain finance and technology professionals was conducted on 20 February 2025 in Dubai following the ICC Banking Commission Meeting held days earlier at Dubai Chambers.
The workshop brought together key enablers in trade facilitation, the ICC Digital Standards Initiative (ICC DSI), ICC UAE, and Dubai Chambers Legal Department. A highlight of the full-day event featured ardent competition among candidates vying for top honors in the “Trade Transformation Challenge – show us what you’ve got!”
Trade Transformation Challenge Finalists (L-R): Aneel Sabir of Enigio, Tom O’Brien of China Systems, Sam Sehgal of Traydstream
Three finalists were each given 12 minutes to articulate a specific challenge facing the trade finance industry and how their advanced technology solutions provider addressed or solved the problem.
Global Shipping Business Network CEO Bertrand Chen, who led evaluation of the presentations, announced Tom O’Brien of China Systems as the outright winner based on the competition’s core criteria of identifying a problem and the advanced technology needed to solve it. The China Systems presentation delivered an effective and efficient solution, enabling the City Bank in Bangladesh to enhance its trade processing and facilitate customer acquisition in delivering seamless trade transaction processing.
Despite the competitive nature of the Challenge, the technology solutions of each presenter complimented each other and collectively add value in advancing the trade & supply chain finance environment.
From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’
The ICC Banking Commission sent out its comments on ISBP Revision Draft 3 feedback received from 19 ICC National Committees
The ICC Banking Commission’s “ICC Official Opinion Handling Procedure and Terms of Reference”, last updated in June 2023, sets
Banque de Commerce et de Placements S.A. (BCP) of Switzerland has lost its appeal of a High Court of
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
