DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
Latest news (Page 13)
DCW Updates
English Court Rules for Lenders in Russian Aircraft Lessor Policy Claims
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
DCW Updates
ICC Releases Draft Opinions to be Discussed at August 2025 Session
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
DCW Updates
ICC Adjusts Opinion TA930rev to Conform with Amended Sanctions Guidance
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding
DCW Updates
Weiss Decries US FCC Changes to Screening Standards for LC Issuing Banks
Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost competitive bidding
DCW Updates
APEC Committed to Adoption of MLETR
At a meeting of Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade in Jeju, Republic of Korea, 15-16 May 2025,
DCW Updates
Former Bank Managers Face Charges in Hong Kong Related to False Standby LCs
Hong Kong’s Independent Commission Against Corruption (ICAC) which previously brought conspiracy charges against two ex-bank managers for their alleged
DCW Updates
ICC Announces Standard API for Attachments of Trade Finance Instruments
Further to a past update on ICC efforts to develop standard API for trade finance instruments in cooperation with SWIFT,
DCW Updates
Import LCs on the Rise in Bangladesh
Following months of political turmoil prior to the 5 August 2024 ousting of the Awami League government, Bangladesh has experienced
June 2025
Reflections from FCCi’s First Fireside in Singapore
On 21 May 2025, we hosted our first ITFA-FCCi Afterwork Networking Happy Hour in Singapore. The team at Rajah &
DCW LC Statistics
LC Statistics: 1Q25 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 1Q 2025.
DCW Litigation Digest
Majestic Rayon Corp. v. Soho Office Suites, LLC
Landlord sued Lessee for use and occupancy of commercial lease.
DCW Scam Survey
Chief Compliance Officer of Fake Bank Pleads Guilty
A 75-year old disbarred attorney and convicted felon from California pleaded guilty in a New York federal court on 10