DCW Newsroom

Versana Expands into LCs

New York-based data and digital infrastructure company Versana announced on 19 May 2026 that it now offers banks the

The Problems are NOT with UCP600

The rules are what they are and it’s time to move beyond what more they should include, less they

Data Suggests US Bank-Provided Trade Finance Poses Limited Risk

While acknowledging the reporting of trade finance data is “scarce and fragmented”, an article released by the Board of Governors

Universal Property Services, Inc. v. Lehigh Gas Wholesale Services, Inc.

Case involved LCs containing a condition that Issuing Bank would only honor demands if Applicant first furnished indemnification to Issuing Bank.

Updated 2026 Trade Finance Guide Released by TTP

In partnership with the International Trade & Forfaiting Association (ITFA), Trade Treasury Payments (TTP) published its “Trade Finance Guide 2026”

Amid Conflict, ICC Urges Application of Practice Rules as Usual

Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement

OFAC Issues Advisory on Sham Transactions & Sanctions Evasion

On 31 March 2026, US Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert of sham

Pakistan Adjusts SBLC Issuance Instructions

Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions

India’s CBI Investigates USD 2.2b Alleged Bank Fraud

India’s Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications Limited linked to an alleged

TTP Releases Documentary Collections Guide

Trade Treasury Payments (TTP), along with BAFT and ICC, published “A Practical Guide to Documentary Collections” on 6 May 2026.

Valency International v. JSW