DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
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In its Decision, Re Cawaling (2025 ABASC 96), the Alberta (Canada) Securities Commission (ASC) has permanently banned a Calgary resident from a broad array of securities and investor relations activities and ordered the corporation he directed to permanently cease trading in, purchasing, or advising in securities or derivatives.
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DCW Scam Survey
Indian Officials Attach Further Assets in Fraud Case
As investigations by India’s Directorate of Enforcement (ED) into an alleged INR 1,438 crore (USD 156 million) money
DCW Scam Survey
Bangladesh Officials Bring in Jailed Businessman for Interrogation
Further to previous DCW reporting, an imprisoned Bangladesh businessman and former lawmaker was brought to Bangladesh’s Anti-Corruption Commission
DCW Conference Report
2025 Americas LC Law Summit: Executive Summary
For the 26th consecutive year, the IIBLP conducted its one-day Americas Letter of Credit Law Summit. Held in New York City on 5 November 2025 and hosted by Baker McKenzie, the program was organized as a hybrid event. This Executive Summary provides an overview of key topics discussed and debated.
DCW Scam Survey
Investigators Secure Partial Recovery for Scammed Indian Banks
Two Indian banks which lost funds nearly a decade ago from fraudulently obtained letters of credit and non-payment of