Manatee County (Florida) Defrauded of USD 1.4 Million
A Georgia (USA) man was arrested by detectives of the Manatee County (Florida) Sheriff’s Office and charged with Scheme to Defraud and Money Laundering and detectives have issued an arrest warrant for another Georgia man on charges of Scheme to Defraud and Conspiracy.
ICC Meeting Announces & Reflects on Frustrating, Disappointing Results
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
UCP 600 Revision Talk Resurfaces
Dave Meynell and Gary Collyer identify elements from the ISBP 821 drafting process that could potentially form the basis of a revision to UCP600.
ICC Issues Briefing on Invoice Titles
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued documentary
EU Maintains Capital Requirements for Performance-Related Trade Products
this has links to Feb 2023 DCW item on EU capital requirements
2023 Americas Annual LC Survey • Executive Summary (Part 1)
For the 31st consecutive year, the Institute of International Banking Law & Practice conducted its Americas Annual LC Survey conference, 8-9 June 2023. This Executive Summary provides an overview of topics discussed and debated by leading professionals at Day 1 of the conference.
Sudan Situation “Extremely Grave”
According to DCW sources, continued fighting between warring forces in Sudan has rendered the situation extremely grave for civilians and
Payra Thermal Power Plant in Bangladesh Resumes Production After Coal Shortage
Bangladesh’s largest power plant has resumed production on 25 June 2023 after a 20-day hiatus caused by a shortage
Pakistan Plan Seeks to Lower LC, Freight Charges for Petro Products
In a move aimed at easing pressures on foreign exchange reserves, Pakistan is designing a bonded bulk storage policy for
Energy LEAP Drafts Compliance Clauses for Russian Sanctions
Following coordination of price cap sanctions on Russian origin crude oil and petroleum products first put in place in December