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6 new Draft ICC Opinions for the July 2026 meeting

For the July 2026 ICC Technical Advisory meeting six new Draft Opinions has been circulated to the National Committees for comments.

The Draft Opinions are in the sequence TA959 to TA 964:

TA959: Can the counter guarantee be terminated?

The question raised in the query is if a counter guarantor can cancel their counter-guarantee and close their records without any release notice or further reaction from the guarantor.

TA960: Late payment due to sanctions investigation

The question raised in the query is who is to pay interest for delayed payment due to sanctions investigations at the USD correspondent

TA961: Various discrepancies

The query deals with various discrepancies raised under a presentation under an LC:

1: Invoice: Shows "Solarpark Construction >... Read The Full Post