DCW Newsroom

Man Extradited to US to Face Host of Fraud Charges

A Nigerian man believed to have conspired with others to pursue fraudulent tax return refunds of at least USD 8.

UNCITRAL Approves Draft UN Convention on Negotiable Cargo Documents

On 14 July 2025, the United Nations Commission on International Trade Law (UNCITRAL) announced its approval of the draft convention

BAFT Releases Paper on ISO 20022 Migration in Sanctions & Compliance

As the latest installment in its series of papers on the financial industry’s shift to ISO 20022 messaging standards,

In Memoriam: Fred Miller

Frederick “Fred” Heins Miller, Jr, professor of law at the University of Oklahoma for 45 years, died on 13 February

Zimbabwe Businessman Loses Funds in Standby LC Investment Scheme

Although not near as commonplace as in the 1990s, standby letters of credit are still being pitched as investment instruments.

DJY v. DJZ

New York Regulator Issues Guidance Amid Ongoing Global Conflicts

Expressing concern that ongoing global conflicts have increased the prospects of cybersecurity attacks directed at the US financial sector, the

Bangladesh’s Mercantile Bank Issues First Blockchain-Enabled Domestic LC

Mercantile Bank PLC has announced successful completion in a “Proof of Concept”, demonstrating its ability to issue a “Green LC”

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

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

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