DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
DCW Updates
ICC Banking Commission Expands Technical Advisory Team
Following revision of its Terms of Reference for handling the technical side of its work, the ICC Banking Commission announced the confirmation of Ms. Farideh Tazhibi of ICC Iran and Mr. Jin Saibo of ICC China as Technical Advisors.
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ICC Releases Draft Opinions for July 2026 Discussion
Six Draft Opinions will be taken up by the ICC Banking Commission at its next quarterly Technical Advisory meeting on
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Versana Expands into LCs
New York-based data and digital infrastructure company Versana announced on 19 May 2026 that it now offers banks the
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The Problems are NOT with UCP600
The rules are what they are and it’s time to move beyond what more they should include, less they
DCW Updates
Data Suggests US Bank-Provided Trade Finance Poses Limited Risk
While acknowledging the reporting of trade finance data is “scarce and fragmented”, an article released by the Board of Governors