DCW Updates
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
Latest news
DCW Updates
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
DCW Updates
Calculating Confirmation Fees
In a recent discussion, bankers were asked how they calculate confirmation fees as a standard practice: 1) from the advising
DCW Updates
Company Failed to Prove ‘Asleep at the Wheel’ Director Responsible for Losses
In reversing a 2024 trial court ruling, Singapore’s Appellate Division of the High Court found that a former director
DCW Updates
New York Regulator Issues Guidance Amid Ongoing Global Conflicts
Expressing concern that ongoing global conflicts have increased the prospects of cybersecurity attacks directed at the US financial sector, the
DCW Updates
Bangladesh’s Mercantile Bank Issues First Blockchain-Enabled Domestic LC
Mercantile Bank PLC has announced successful completion in a “Proof of Concept”, demonstrating its ability to issue a “Green LC”
DCW Updates
New York State Adopts UCC Amendments, New Article 12
In a significant development toward wider recognition of controllable electronic records, New York State legislators approved Assembly Bill A3307A designed
DCW Articles
Singapore Regulator Takes Action against FIs for Serious AML Failings
On 4 July 2025, the Monetary Authority of Singapore (MAS) took enforcement actions against nine financial institutions (FIs) and 18
DCW Updates
Tata Steel Completes Its First Use of eB/L
Tata Steel has announced execution of its first import shipment using an electronic bill of lading. According to a 11
DCW Litigation Digest
Richardson v. Prisoner Transport Services of America
Did the standby LC provide sufficient protection to the judgment creditor?
DCW Litigation Digest
Newman v. HSBC Bank USA, N.A.
Years after Lessees attempted to cancel LC, they sued Successor Bank for conversion, breach of contract, unjust enrichment, and damages.
DCW Articles
Assessing the Relevance of UCP600 Today: The Case of Article 6(d)(i)
The maturation of UCP has included attempts to address incorrect practice regarding expiry date and presentation period of a credit. Is it time for UCP600 Article 6(d)(i) to be revisited?
DCW Articles
Canadian Supreme Court Confirms Bank Must Refuse LC Payment Due to Fraud
In Eurobank Ergasias S.A. v. Bombardier Inc., the Supreme Court of Canada takes up the fraud exception and whether it applies regarding a demand for payment under a Counter Guarantee.
