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 4)
DCW Articles
Trade Finance in Times of Conflict: Key Lessons from the ICC Guidance Document
Recent ICC guidance addresses practical trade finance issues arising from the Middle East conflict. Having a nimble strategic approach for coping with operational risk is paramount for banks.
DCW Articles
The Trolley Problem Comes to Trade Finance
The first in a three-part series on the trade finance skills cliff.
DCW Litigation Digest
Moeve Trading SAU v. Mael Trading FZ LLC
In case where Seller pursued claim for purchase price, court determined LCs were conditional, not absolute, forms of payment.
DCW Profiles
Seeing Trade Finance in a Nuanced Light
Trade Finance Career Spotlights: David Williams As an in-house trade finance lawyer, David Williams has worked on a wide
DCW Profiles
Never Dull, Often Exhilarating: LCs as an Escape Room Puzzle
A Conversation with Marina Zhiltsova Once introduced to letters of credit in her professional work, Marina Zhiltsova, Trade Finance Specialist
July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
DCW Updates
Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court
In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not
DCW Updates
Unassignable Guarantees & Applicable Law
Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and
DCW Updates
China Regulations Primed to Advance Electronic Documents Use
China’s revision of its Maritime Law which took effect 1 May 2026 not only ushered in enhancements of parties’
DCW Updates
India Announces Trade Facilitation Agreements
The Central Bank of India and India Exim Bank announced on 13 July 2026 that they have formulated a Master
DCW Articles
Letter of Credit Fraud
With regard to how fraud may disturb a bank's obligation to honour under an independent undertaking, courts have used various qualifiers to describe the level necessary. In his expansive article, Dr. Alan Davidson explores the concept of "Letter of Credit Fraud" under law and in the courts.
DCW Articles
Surrendered Bills of Lading – Strange Path to the Right Result
Surrendered bills of lading are not addressed in UCP or ISBP, so ICC was approached to opine on the topic. Kim Sindberg details the initial ask and the guidance ultimately given.
