In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
190 articles
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DCW Updates
New York State Adopts UCC Amendments, New Article 12
In a significant development toward wider recognition of controllable electronic records, New York State legislators approved Assembly Bill A3307A designed
DCW Updates
Singapore Regulator Takes Action against FIs for Serious AML Failings
On 4 July 2025, the Monetary Authority of Singapore (MAS) took enforcement actions against nine financial institutions (FIs) and 18
DCW Updates
Tata Steel Completes Its First Use of eB/L
Tata Steel has announced execution of its first import shipment using an electronic bill of lading. According to a 11
DCW Scam Survey
Securities Commission Issues Order against Operator of Ponzi-like Scheme
In its Decision, Re Cawaling (2025 ABASC 96), the Alberta (Canada) Securities Commission (ASC) has permanently banned a Calgary resident
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Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
DCW Updates
English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
DCW Updates
APEC Committed to Adoption of MLETR
At a meeting of Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade in Jeju, Republic of Korea, 15-16 May 2025,
DCW Updates
Former Bank Managers Face Charges in Hong Kong Related to False Standby LCs
Hong Kong’s Independent Commission Against Corruption (ICAC) which previously brought conspiracy charges against two ex-bank managers for their alleged
DCW Updates
Import LCs on the Rise in Bangladesh
Following months of political turmoil prior to the 5 August 2024 ousting of the Awami League government, Bangladesh has experienced
DCW LC Statistics
LC Statistics: 1Q25 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 1Q 2025.
DCW Scam Survey
Chief Compliance Officer of Fake Bank Pleads Guilty
A 75-year old disbarred attorney and convicted felon from California pleaded guilty in a New York federal court on 10
DCW Scam Survey
Singapore Citizen Implicated in Fraudulent Timber Import Deal
A 67-year-old Singapore citizen was arrested in India on 22 April 2025 for his alleged involvement in a timber import