DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
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DCW Profiles
Keyboard was Springboard to Fulfilling LC Career
A Conversation with Pattie Marshall After more than five decades working in the letter of credit business, Pattie Marshall, SVP
DCW Profiles
Court Cases Ignite Interest
Trade Finance Career Spotlights: Soh Chee Seng How do leading trade finance professionals get to where they are? In this
DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
DCW Updates
Diverse Views Define UCP Revision Voting
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
DCW Updates
ICC Unveils Two-Year UCP, ISBP Action Plan
Billed as a deliberate shift from rule revision to rule optimisation, the ICC Banking Commission’s 2026-2027 Action Plan – UCP/
DCW Updates
SWIFT Message Reference Guide Cited in NY Case
A recent decision issued by a New York court demonstrates the importance of proper understanding and use of the SWIFT
DCW Updates
UK Supreme Court Decides for UniCredit in Sanctions Case
The United Kingdom’s Supreme Court decision in UniCredit Bank GmbH v. Celestial Aviation Services Ltd.[[1]] was issued 25
DCW Updates
Court Denies CCBC’s Motion, NY Discovery Applies
In White Rock Insurance (SAC) Ltd. v. China Construction Bank Corp., the New York State Supreme Court denied China Construction
DCW Articles
The Hidden Risks of Varying a Confirmation's Terms
Exactly what is an issuing bank authorizing or requesting a nominated bank to do when it requests the bank to “add its confirmation” to a credit? Several considerations and questions should be weighed by a would-be confirmer.
DCW Articles
A Corporate View of Trade Finance: Structuring Guarantees and Standbys at the Bid Stage
In project-driven industries, guarantees and standby letters of credit shape bids and contract negotiations early. Nadia Khirddine of AtkinsRéalis offers a corporate perspective on structuring these instruments and working effectively with banks.
DCW Articles
Force Majeure Defenses against a Beneficiary’s Demand under an Independent Guarantee
Judges at three court levels in China erred in deciding on the force majeure defense invoked by an applicant as the basis for an issuing bank’s filing for an injunction. Saibo Jin explains the case and its broader implications.
DCW Profiles
An Optimistic Outlook Goes a Long Way
Career Spotlights: Michael Evan Avidon How do seasoned trade finance professionals get to where they are? In this Spotlight, we