August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
351 articles
(Page 21)
DCW Updates
ICC Briefing Takes Up Topic of Lost Documents
In the latest of its ongoing educational series, the ICC Banking Commission addresses the subject of “Documents presented by a
DCW Updates
ICC Paper Analyzes Trade’s Role in Sustainable Development Objectives
In “Trade is critical to achieve the Sustainable Development Goals”, the ICC presents its analysis to highlight that trade is
DCW Updates
Singapore Judge Reverses Trial Court Decision in Cargo Misdelivery Case
In Standard Chartered Bank (Singapore) Ltd v. Maersk Tankers Singapore Pte. Ltd., [2022] SGHC 242 decided 27 September 2022, High
DCW Updates
Egypt to Ease Foreign Currency Restrictions
Following an August 2022 change in its leadership, the Central Bank of Egypt has eased foreign currency restrictions by permitting
DCW Updates
Compelling Compliance Issues Identified and Examined
In a recent discussion of hot-button issues impacting compliance in the US, industry specialists identified and addressed five areas:
DCW Updates
Commercial Litigator Stan Lane Retires
After a 41-year career practicing commercial litigation at Otterbourg, Stanley L. Lane, Jr. retired from the New York law
DCW Updates
EU Advises LC Issuers, Others to Conform to Russian Oil Import Prohibitions
On 3 August 2022, the European Union issued notice to operators in which it granted “specific and temporary derogations and
DCW Updates
ICC Draft Opinion for October 2022 Meeting Released
One Draft Opinion will be discussed at the ICC Banking Commission’s next quarterly meeting in October 2022. The Draft
DCW Updates
Bangladesh Foreign Currency Retention Policy
On 16 Aug, Bangladesh Bank’s Foreign Exchange Policy Department issued FE Circular Letter No. 31 to clarify that foreign
DCW Updates
US Agencies Issue Alert on Export Control Evasion Tactics
US Treasury’s Financial Crimes Enforcement Network (FinCEN) and the US Department of Commerce’s Bureau of Industry and Security
DCW Updates
No Obstacle to Importing Food from Russia, Says Bangladesh Official
Two dozen unnamed international banks have agreed to confirm LCs supporting grain imports from Russia, according to a 25 Aug
DCW Updates
Sri Lanka Banks Again Honouring LCs
After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.