DCW Updates
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
307 articles
DCW Updates
Calculating Confirmation Fees
In a recent discussion, bankers were asked how they calculate confirmation fees as a standard practice: 1) from the advising
DCW Updates
Company Failed to Prove ‘Asleep at the Wheel’ Director Responsible for Losses
In reversing a 2024 trial court ruling, Singapore’s Appellate Division of the High Court found that a former director
DCW Updates
ICC Releases Draft Opinions to be Discussed at August 2025 Session
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
DCW Updates
ICC Adjusts Opinion TA930rev to Conform with Amended Sanctions Guidance
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding
DCW Updates
Weiss Decries US FCC Changes to Screening Standards for LC Issuing Banks
Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost competitive bidding
DCW Updates
ICC Announces Standard API for Attachments of Trade Finance Instruments
Further to a past update on ICC efforts to develop standard API for trade finance instruments in cooperation with SWIFT,
DCW Conference Report
2025 Americas TF Compliance Annual Meeting: Executive Summary
For the 7th year, the Institute of International Banking Law & Practice conducted its one-day Americas Trade Finance Compliance Annual Meeting. This summary provides an overview of topics discussed at the conference hosted by S&P Global on 2 April 2025 in New York and conducted as a hybrid event.
DCW Articles
Directory Yet to Move the eUCP Usage Needle
A survey conducted by DCW reinforces the notion that the eUCP Directory to date has been unable to boost confidence in the rules supplement designed for electronic commercial credits.
DCW Updates
Singapore Paper Shows Banks Clear Inspection, but Gaps Remain
Four years after the Association of Banks in Singapore (ABS) roll out of a “Code of Best Practices – Commodity Financing”
DCW Updates
Charter Party Bills of Lading: Know the Risk Mitigants
Most specialists in the trade finance industry are well aware of multiple court cases in recent years – many from Singapore
DCW Updates
Discussion Exposes Troubling Standby Wording and Choice of Rules
In a recent discussion, LC specialists were asked if they would be willing to issue a standby LC subject to
DCW Updates
Coordinated Effort Needed to Confront Canada/US Fentanyl Flow
A recent article from a Canadian perspective acknowledges that the Canadian Border Service Agency (CBSA) faces increased pressure to identify