DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
238 articles
DCW Updates
ICC Digital Standards Initiative Announces Refresh
Grappling with a high degree of concern over increasing fragmentation across the digital trade landscape, the ICC Digital Standards Initiative
DCW Updates
Guidance Paper for Identifying Red Flags Updated
Updating its guidance paper of 2015 which listed 16 “red flag” indicators of suspicious activity in letters of credit and
DCW Updates
Banque Misr UAE Targeted by US Treasury
US Treasury’s Financial Crimes Enforcement Network (FinCEN) is taking steps to revoke Banque Misr UAE’s correspondent banking access
DCW LC Statistics
LC Statistics: 2Q26 US Bank LC Issuance
DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US. Numbers are in USD 1,
DCW Updates
MLETR Implementation Phase Begins in China
As previously reported in DCW, two recent breakthroughs in China that are substantially consistent with the UNCITRAL Model Law on
DCW Litigation Digest
Moeve Trading SAU v. Mael Trading FZ LLC
In case where Seller pursued claim for purchase price, court determined LCs were conditional, not absolute, forms of payment.
DCW Updates
Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court
In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not
DCW Updates
China Regulations Primed to Advance Electronic Documents Use
China’s revision of its Maritime Law which took effect 1 May 2026 not only ushered in enhancements of parties’
DCW Updates
India Announces Trade Facilitation Agreements
The Central Bank of India and India Exim Bank announced on 13 July 2026 that they have formulated a Master
DCW Updates
Versana Expands into LCs
New York-based data and digital infrastructure company Versana announced on 19 May 2026 that it now offers banks the
DCW Updates
The Problems are NOT with UCP600
The rules are what they are and it’s time to move beyond what more they should include, less they
DCW Updates
Data Suggests US Bank-Provided Trade Finance Poses Limited Risk
While acknowledging the reporting of trade finance data is “scarce and fragmented”, an article released by the Board of Governors