Monetary Authority of Singapore - Documentary Credit World

DCW Monthly: August 2025

From courtrooms in Illinois to conference halls in Singapore, this issue unpacks the rulings, risks, and rule debates in today’

Chris Sandler Aug 14, 2025

DCW Articles

LCs That Contain a Law and Jurisdiction Clause

Given the success of practice rules and banks’ ability to more readily find resources for the proper interpretation of the rule sets, does it not make sense to avoid inclusion of a governing law or jurisdiction clause?

Glenn Ransier Aug 14, 2025

August 2025

Automatic Extension LC Issues

The recent case of Illinois DNR v. Regions Bank illustrates the importance of clear wording of automatic extension clauses and issuing banks including a final expiration date in their standbys.

Carter Klein Aug 14, 2025

1 article

DCW Text & Forms

Singapore “Financial Services and Markets Bill” – Second Reading Speech

Monetary Authority of Singapore "Financial Services and Markets Bill" from 2022.

Monetary Authority of Singapore Apr 22, 2022