DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
DCW Articles
Addressing Misconceptions of Electronic Signatures
There's more (or less) to signatures than how they are labelled. In his article, Dr. Alan Davidson sheds light on variants of electronic signatures.
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DCW Articles
A Critical Review of ICC Opinion TA.948
Since a draft was included in the presentation at issue in ICC Opinion TA.948, it prompts important questions about examination not only under UCP but also under bills of exchange law.
DCW Articles
Inside Ops: Pete DelGrosso on SBLCs and the ISP98 Forms
A simpler, more standardized approach to standbys benefits everyone and the ISP98 Model Forms offer built-in best practices.
DCW Articles
“Fraud and Mistakes in International Trade” – The Second Transfer Case
A deceptive LC transfer leads a confirming bank to pay twice. Explore this trade finance fraud case from Abdurrahman Özalp’s book on international trade.
DCW Articles
The Road Map to a Draft-less UCP
The ICC has neither accepted the draft as a standard requirement, nor have they been successful in casting it out from LC practice. This article is an attempt to resolve the confusion and place bills of exchange laws and the UCP in their proper perspectives.