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 3)
DCW Profiles
The Enduring Relevance of Trade Finance
Trade Finance Career Spotlights: K. Nizardeen K. Nizardeen has been around the trade finance scene in the Middle East for
DCW Profiles
A Simple Approach to Making International Trade Work
A Conversation with Kristin Kyle-McQuesten “Know Your Customer” isn’t only vital for compliance reasons. Throughout her career, it’
DCW LC Statistics
LC Statistics: 2Q26 US Bank LC Issuance
DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US. Numbers are in USD 1,
August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
DCW Updates
ICC Finalizes Six Opinions at July 2026 Session
At its quarterly meeting on 21 July 2026, the ICC Banking Commission reviewed and finalized six Opinions, including four dealing
DCW Updates
ICC Banking Commission Updates on Its UCP Educational Push
Beyond discussion and finalization of six ICC Opinions at its quarterly Technical Advisory Session on 21 July 2026, the ICC
DCW Updates
ICC Issues TAB on Force Majeure under UCP
The matter of force majeure was addressed in the first version of UCP[[1]] in 1933 and largely resembles the
DCW Updates
TAB-16 Addresses Three Aspects of Third Party Documents
Although not defined in UCP600, the expression “third party documents” in LC practice is commonly taken to mean documents issued
DCW Updates
Sharing the Risk
Banks are increasingly turning to risk-sharing structures to manage regulatory capital, control funding costs, and expand capacity.
DCW Updates
MLETR Implementation Phase Begins in China
As previously reported in DCW, two recent breakthroughs in China that are substantially consistent with the UNCITRAL Model Law on
DCW Articles
How ISDGP Sees Automatic Extension of Guarantees
Although automatic extension is not addressed in the URDG758 rules, the ISDGP articulated in 2021 contains provisions to help interpret such terms if included in a demand guarantee.
DCW Articles
Three Originals, One Misunderstanding
Every bill of lading is issued three times over. Nobody needs 3, the rules don’t insist on 3, and change is coming on 3 September!
