October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
200 articles
(Page 15)
DCW Updates
Libyan Customs and Bank Officials Detained in LC Fraud Scheme
Seventeen customs officials and nine bank employees have been detained in Libya for their alleged involvement in a LYD 1.2 billion (USD 246 million) letter of credit fraud.
DCW Updates
The Intolerance of a Short Drawing
The question discussed centered on whether document examiners would pickup Short Drawing as a discrepancy since the LC does not permit tolerance in the amount and the amount drawn is less than the total value of the LC.
DCW Updates
New York Court Declines to Dismiss LC Dispute
New York County’s Supreme Court has rejected an Indian issuing bank’s motion to dismiss a complaint regarding an