DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
Latest news (Page 11)
DCW Updates
Trafigura Wins Nickel Fraud Case, Recovery Process Begins
In Trafigura PTE Ltd. v. Gupta[[1]], a London High Court ruled in favor of Trafigura in its USD 500
DCW Updates
Matar Begins New Chapter as Consultancy Director
Following 13 years at Alinma Bank in Riyadh, Saudi Arabia, Khalil Matar left the bank to join SACB Management Solutions
DCW Updates
Auditors Found Guilty of Failing to Detect LC Fraud
The Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI) has found that two auditors of an Indian
DCW Updates
Maritime Piracy & Robbery at Five-Year High
Reported incidents of piracy and armed robbery against ships worldwide in 2025 reached their highest level since 2020 according to
DCW Updates
Nigerian Court Freezes Funds of Bank Tied to LC Dispute
A Nigerian court has instructed the freezing of Nigerian Naira 7.15 billion (USD 5 million) at a bank accused
DCW Profiles
The Growth Mindset
Trade Finance Career Spotlights: Edward Stoltenberg How do seasoned trade finance professionals get to where they are? In this Spotlight,
DCW Profiles
People First, Then Rules
Trade Finance Career Spotlights: Dennis Noah Ever wonder how senior trade finance professionals actually got here? In this Spotlight, we
DCW Articles
The Meaning of Assignable
Like certain other terms used in the LC and guarantee field, “assignable” can mean different things to different parties. Glenn Ransier reviews what the practice rules say and the importance of clarity.
DCW Articles
The Range of Approaches to Price Verification in Trade Finance
The views expressed by the authors in this publication do not represent their employers, any entity, government, or agency. Any
DCW Litigation Digest
Ningbo Nanheng Import & Export Co., Ltd v. Shinhan Bank Corp. [2021]
The legal consequences of backdating paper bills of lading under letters of credit and use of surrendered bills of lading emerge from the China case, Ningbo Nanheng Import and Export Co. Ltd. v. Shinhan Bank Co.
DCW Conference Report
2025 ABA Financial Crimes Enforcement Conference: Executive Summary
The American Bankers Association’s 37th Financial Crimes Enforcement Conference took place in Arlington, Virginia in October 2025, as banks and regulators grappled with AML reform, rising fraud, stablecoins, and the growing impact of AI on financial crime controls.