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 Articles
Baltimore’s Bridge Collapse: Force Majeure Event (or Not)?
At 1:29 AM on 26 March 2024, the 300-meter container vessel Dali lost power as it was departing from Baltimore (Maryland) harbor. Does this constitute a force majeure event?
DCW Feature
Vessel Due Diligence: The Major Sanctions Risks FIs Face
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
DCW Conference Report
2024 ICC Banking Commission Annual Meeting: Executive Summary
The ICC Banking Commission held its 2024 Annual Meeting on 9-10 April in-person in Paris and virtually via Teams. An opening session on the ISBP review process was followed by the ICC Official Opinions session. Day 2 featured thematic sessions and the Commission’s semi-annual Plenary Meeting.
DCW Feature
LC Stats: Comparing 4Q 2019 to 4Q 2023 for US Banks
Charting 4 years of issuance for the top 50 US-based LC banks. See who moved into the top 50, and how things have shifted from pre to post Covid.
DCW Feature
What to Watch for: Six Trends in Letter of Credit Practice | Revisited
In 2012, Professor James E. Byrne identified six emerging trends affecting the continued value and profitability of LCs. In their capacity as DCW Editorial Advisory Board members, experienced practitioners offer commentary
