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Table of contents

Editor's note by Ron Katz
Financial crisis spawns new L/C players Asia takes centre stage in L/C markets by Mark Ford
BPO update SWIFT’s webinars to acquaint practitioners with the BPO by André Casterman
The Insight interview: Gary Collyer Issues in the upcoming revised ISBP
Expert commentary Is the L/C really an independent undertaking? by Shahriar Masum
Queries and responses Six Commission Opinions on UCP 600
New support for UK L/Cs
Documentary dialogue Two experts consider UCP article 15 and "reasonable time" by Rupnarayan Bose and Dan Taylor
Negotiation The uncertainties in negotiation practice by Wang Xuehui (Ofei)
Insurance Insurance documents under documentary credits By Pavel Andrle
Guarantees URDG 758: the balance sheet after two years by Georges Affaki
Incoterms® and L/Cs Why do bankers misuse Incoterms®? by Roberto Bergami
Transferable credits Cancellation under a transferred credit by Sheilar T. Shaffer
International bulletin Reports from China and the UAE
DOCDEX A DOCDEX Decision from an ICC Expert Panel
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