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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DCW Updates
ICC Releases Draft Opinions for November 2026 Technical Session
Four draft opinions, two of which dealing with insurance documents and war risk exclusion wording, will be discussed in the
DCW Updates
Weifang v. Euro Exim: Conditional Payment Term Upheld
The ruling in Weifang JS Trading Co. v. Euro Exim Bank centered on treatment of the Field 47A payment term
DCW Updates
US Treasury Imposes Record Penalties against Bank of America
On 13 October 2026, the US Department of the Treasury announced that three of its agencies have imposed enforcement actions,
DCW Updates
Guidance Paper for Identifying Red Flags Updated
Updating its guidance paper of 2015 which listed 16 “red flag” indicators of suspicious activity in letters of credit and
