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Recent Posts by IIBLP
2019 Calendar of Events
The dates and details are in for much of IIBLP's 2019 calendar of events. As ever, we will be in multiple countries this year working to bring together local and global thought leaders in commercial and standby letters of credit and trade finance. Mark your calendar now,... AML Hot Topics for 2019
AML Hot Topics to Watch Out for in 2019
At the American Bankers Association/American Bar Association's Financial Crimes Enforcement Conference earlier this week in Maryland, experts discussed the state of anti money laundering and compliance, focusing on pressing issues. Here are a few highlights from...Is “LC lite” the future of Commercial LCs?
The Argument for Stripped Down LCs
Have commercial credits become so burdensome and unwieldy that a trimmed down version of the rules governing their practice could streamline the LC process? Could simplified rules and practices perhaps even spark increased use of this traditional (some...
Can Blockchain Spur 1 Trillion in Trade? A New Paper Suggests So
New Paper Suggests Blockchain can Grow Trade by 1 Trillion
A present-day USD 1.5 trillion global trade finance gap projected to widen to USD 2.4 trillion by 2025 can be narrowed by USD 1.1 trillion through use of blockchain and other distributed...
Requiring Invoices Under Standby LCs
Requiring Invoices Under Standby LCs
In the current double issue of Documentary Credit World, an experienced trade Finance Head decries the practice of requiring invoices under standby LCs, putting forth an interesting example to elicit reader comments. Parts of the following appear in...DCW Honors and Remembers Professor James E. Byrne
On 1 July 2018, IIBLP Founder and Director Professor James (“Jim”) Edward Byrne died after a valiant battle against cancer. The letter of credit community and all who knew and loved him mourn the loss of a great man who left an indelible mark on the... Remembering James E. Byrne, Institute Founder and Director
James E. Byrne
Montgomery Village, MD
It is with profound sadness that the Institute of International Banking Law & Practice must inform of the death of James (“Jim”) Edward Byrne on 1 July 2018 at his home in Montgomery Village, Maryland, after a valiant battle against cancer. Jim... UCP600: An Analytical Commentary Updated for 2018
