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Table of contents

Editor's note by Ron Katz
Evaluating the online L/C revolution by Mark Ford
Banking Commission news Structural changes, new products and training programs
Expert commentary An enigma called draft by Rupnarayan Bose
Iraq opening up L/Cs to foreigners
Queries and responses Recent Opinions on UCP 600, ISBP 681 and URDG 758
Standbys and Guarantees Two professionals look at past articles on guarantees by Roger Fayers and Georges Affaki
Special report: Stowing cargo on deck Container on deck: an international by A.T.M Nesarul Hoque
Spotlight on China Is China illegally manipulating its currency’s exchange rate? by Daniel Arthur Laprès
Point of View Does the five-day limit to examine documents always apply? by Kevin Tam
Basel III Recent Basel III developments on trade finance by Mark Auboin
ISBP Where to now for the ISBP? by Bob Ronai
International Bulletin Reports from Spain, Switzerland and Vietnam
ICC tools for trade finance www.iccbooks.com
In brief