Documentary credit plays a key role in the international economy transaction. In the process of settlement under letter of credit, there are many law problems remain unsettled.

跟单信用证在国际经济交往中起着举足轻重的作用，但在运用信用证结算的过程中，仍有许多法律问题没有解决。

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More automation and standardisation of documents would help minimise potential disputes. It would speed up the process between execution and settlement.

自动化和合约文档标准化有助于减少潜在纠纷，也有利于加快合约执行和结算速度。

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The process of WTO dispute settlement is materially the process of interpreting and clarifying relevant WTO rules and applying them to the facts of disputing cases.

WTO争端解决的过程，实质上就是解释、澄清相关WTO规则并将其适用于争端案件事实的过程。

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You want your settlement to be determined based on true, accurate and complete information, and as always, the best possible outcome depends on having experts on your team who can anticipate the subtleties of the settlement process.

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But the GAO said 65% of trusts reviewed treated claims information as confidential under rules that consider information submitted as part of a legal settlement process as privileged.

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These efforts include gaining commitments from private-sector participants to automate and standardize the clearing and settlement process, encouraging improved netting and cash settlement arrangements, and supporting the development of a central counterparty for credit default swaps.

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