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 14)
DCW Scam Survey
Singapore Citizen Implicated in Fraudulent Timber Import Deal
A 67-year-old Singapore citizen was arrested in India on 22 April 2025 for his alleged involvement in a timber import
DCW Scam Survey
Woori Bank Subsidiary Investigating Confirmed Fraud Allegations
Following Woori Bank’s publication of a financial incident disclosure that its subsidiary in Indonesia has confirmed fraud allegations involving
DCW Articles
Inside Ops: Pete DelGrosso on SBLCs and the ISP98 Forms
A simpler, more standardized approach to standbys benefits everyone and the ISP98 Model Forms offer built-in best practices.
DCW Articles
“Fraud and Mistakes in International Trade” – The Second Transfer Case
A deceptive LC transfer leads a confirming bank to pay twice. Explore this trade finance fraud case from Abdurrahman Özalp’s book on international trade.
DCW Litigation Digest
Bintai Kindenko Pte Ltd. v. Samsung C&T Corp.
On appeal, Court considered whether trial court: erred in holding that Subcontractor/Applicant was contractually precluded from relying on the unconscionability exception; correctly held that Contractor/Beneficiary’s demand was not fraudulent; and erred in declining to discharge the injunction.
New on DCW: The Banker’s Guide to Examination under Documentary Credits
For document examiners and trade finance operations staff, few decisions carry more weight—or more risk—than determining whether a
IIBLP Books
The Banker's Guide to Examination under Documentary Credits
An essential practical guide to document examination under UCP 600 and ISBP 745, written by two leading trade finance experts.
Earn CPDs While You Read DCW
DCW now offers Continuing Professional Development (CPD) points to its users, with up to four CPDs available each year. These
Singapore Annual Survey + Guarantee Forum Presentations:
Li Huang: Court Case Studies Soh Chee Seng: ICC Opinions Soh Chee Seng: Ee Hup vs Jingye
DCW Updates
DCW Monthly: May 2025
This month we’re exploring where traditional instruments meet modern LC practice, focusing especially on the complications surrounding drafts and
TBML
2025 Americas TF Compliance Annual Meeting: Executive Summary
For the 7th year, the Institute of International Banking Law & Practice conducted its one-day Americas Trade Finance Compliance Annual Meeting. This summary provides an overview of topics discussed at the conference hosted by S&P Global on 2 April 2025 in New York and conducted as a hybrid event.
