DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
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Further to previous DCW reporting, an imprisoned Bangladesh businessman and former lawmaker was brought to Bangladesh’s Anti-Corruption Commission (ACC) amid heavy police presence to face questioning on corruption and money laundering charges in February 2026.
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Business as Usual in Dubai, but Fluid Situation
In the initial weeks since the war against Iran began 28 February, trade finance operations in banks in Dubai have
DCW Updates
US Treasury Flags TBML Threat in 2026 National Risk Assessment
Trade finance rarely sits at the center of money laundering discussions, but the US Treasury Department’s 2026 National Money
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Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller
Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did
DCW Updates
English Court Decides on Legal Nature of “Classic Performance Bond”
In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under