Latest news (Page 19)

If Requested Copies are not Presented, is It a Discrepancy?

LCs calling for copies and photocopies. Does it make a difference if copies are called for by the applicant compared

In Memoriam: Fred Miller

Frederick “Fred” Heins Miller, Jr, professor of law at the University of Oklahoma for 45 years, died on 13 February

Saris v. Flagstar Bank

Plaintiff asserted a claim under Massachusetts’ adoption of UCC Article 5-109 (Fraud and Forgery).

Zimbabwe Businessman Loses Funds in Standby LC Investment Scheme

Although not near as commonplace as in the 1990s, standby letters of credit are still being pitched as investment instruments.

DJY v. DJZ

In Memoriam: Pradeep Taneja

The trade world was saddened by the news of the loss of one of our own: Pradeep Taneja. Below are

Calculating Confirmation Fees

In a recent discussion, bankers were asked how they calculate confirmation fees as a standard practice: 1) from the advising

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

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

OFAC, FinCEN Actions Target Iran’s Shadow Banking Network

Two divisions within the US Department of the Treasury took coordinated steps on 6 June 2025 to counteract Iranian operations