DCW Monthly: September 2026
This month's content returns to a question the rules answer clearly and the courts sometimes do not: who
Every bill of lading is issued three times over. Nobody needs 3, the rules don’t insist on 3, and change is coming on 3 September!
Proposed EU Capital Requirements Regulation changes may raise credit conversion factor for standby letters of credit. Limited data suggests low default rates. Banks issue standbys for fees, and despite credit risk, many expire unused.
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial