October 2025
DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
Latest news (Page 52)
DCW Updates
ICC Draft Opinions Released for January 2023 Discussion
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
DCW Updates
Successor by Operation of Law and Amendments
In a recent discussion, standby specialists took up the matter of a US issuer of a non-transferable standby being presented
DCW Updates
ICC Briefing Addresses Practice of Modifying and Excluding UCP600 Articles
The ICC Banking Commission addresses the subject of “Modifications and Exclusions under Documentary Credits subject to UCP 600” in Technical
DCW Feature
Understanding and Application of the Right of Recourse Under the PRC Supreme People’s Court’s Guarantee Rules
Exploring the guarantor's right of recourse, analyzing legal concepts, international banking practices, and banking structures in China. Specifically guarantees and counter guarantees.
DCW Updates
A Thanks to Jim Barnes for His Contributions to the LC Community
Let's hear from some of the LC community as they share memories and stories of their time working
DCW Updates
Pakistan: No Restrictions on LCs
Citing media misinformation intended to create uncertainty in the oil and gas market, the State Bank of Pakistan (SBP) issued
DCW Updates
US Commerce’s BIS Adjusts Its AntiBoycott Rules Enforcement
The Bureau of Industry and Security (BIS), a division within the US Department of Commerce, announced it is updating its
DCW Articles
2022 ICC Banking Commission Technical Meeting: Executive Summary
19-20 October 2022 The ICC Banking Commission held its 2022 Technical Meeting as a hybrid event in-person in Paris and
DCW Updates
Standbys without Expiration Dates
What can you, as a US bank, do when a customer tells you that they need you to issue a
DCW Updates
Egypt to Phase Out Mandatory LCs for Imports
The Central Bank of Egypt announced in a statement released on 27 October 2022 that it will begin a process