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Standby LCs and Hard Rock Mining

What do the two have to do with one another?  On 12 January 2016 the IIBLP accepted an invitation to attend a meeting with...

Premium Content from May DCW Issue

Documentary Credit World (DCW) First published in 1997, DCW is the longest running trade finance publication, relied on by more than 1,100 specialists...

Recent ICC Opinions

ICC Opinion from ICC Banking Commission Meeting Some of the Answers Only Prompt More Questions The intent of ICC Opinions is to address...

Caution is the Watchword

Ambiguous LCs and What To Do With Them In its latest issue, Documentary Credit World brings back one of its most compelling articles...

Should a beneficiary of a UCP600 LC rely on the following clause? A potential assignee of proceeds?

“This standby letter of credit may be assigned to [Affiliate]" The clause is meaningless and may invite severe disappointment to an assignee who...

Trade Based Financial Crime Regulations Workshop

  Trade Based Financial Crime Regulation Workshops The Institute of International Banking Law & Practice is proud to announce a timely series of...