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Georges Affaki discusses the new DOCDEX in FX-MM

Georges AffakiIn this month’s FX-MM, Georges Affaki – Chairman of the Legal Committee of the International Chamber of Commerce (ICC) Banking Commission – explains the recent changes to DOCDEX, ICC’s dispute resolution mechanism.

The new DOCDEX rules offer more transparency, enhanced time efficiency, and a broadened scope that enables it to address any trade finance-related dispute. Indeed DOCDEX helps to avert costly and protracted litigation and arbitration by presenting bankers and traders with a cost-effective and friendlier mechanism for resolving trade conflicts – one that safeguards partnerships and encourages further business.

To read the full article, please see pages 40 and 41 of the July/August issue, online here (please note that this lies behind a pay wall).

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