October 2025
DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
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India’s Directorate of Enforcement (ED) has filed a complaint against entities it believes are responsible for obtaining INR 110 crore (USD 12.25 million) in fraudulently secured loans through letters of credit and export packing credit (EPC) facilities from a consortium of banks led by UCO Bank.
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DCW Articles
Views on ICC Opinion TA954
Because standbys and demand guarantees often contain automatic extension clauses, ICC Opinion TA954 offers important lessons for practice and the need for sound drafting of such clauses.
DCW Updates
Australia Progresses toward MLETR Implementation
The Australian Standing Council of Attorneys-General (SCAG) issued a Communique on 14 November 2025 on a range of agreed issues,
DCW Updates
Egypt Sets Mandatory Date for Air Cargo Import Requirements
The Egyptian Customs Authority has formally announced that the mandatory application of the Advance Cargo Information (ACI) system for air
DCW Updates
ICC Clarifies Opinion Withdrawal Process
The ICC Banking Commission has released a Steering Committee Statement to its members and ICC National Committees regarding withdrawal of
