DCW Updates
DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
Latest news (Page 52)
DCW Updates
Impact of Singapore’s Code of Best Practices Has Been Varied
It has been more than 18 months since the Association of Banks in Singapore (ABS) published the “Code of Best
DCW Updates
GSBN Announces B/L Data Enhancements
Global Shipping Business Network (GSBN), a technology consortium building blockchain- enabled operating systems geared toward global trade, announced two new
DCW Updates
Bangladesh MCCI: Control Importing of Goods
Citing inflation as a major challenge in the coming months, Bangladesh’s Metropolitan Chamber of Commerce and Industry (MCCI) recommended
DCW Updates
Greek Bank Denied Insurance Claim on Ship Detained by Venezuela
The UK High Court of Justice, Queen’s Bench Division Commercial Court has ruled against a Greek bank in its
Hin Leong Trading
STI Orchard Case Tied to Hin Leong Debacle Merits Further Investigation
In The “STI Orchard”, an in rem admiralty action, the High Court of Singapore denied a financing bank’s motion
DCW Updates
UK Steps Up Digitialisation of Trade Effort
ICC United Kingdom, supported by the Tees Valley in the north of England, has launched the Centre for Digital Trade
Standby LC
Analysis of Lessons Learnt From Natixis v. BNP From a Different Perspective
Analysis of Natixis, New York Branch v. BNP Paribas case. Insights on acknowledging notice of assignment, setoff rights, and lessons for LC issuing banks. Learn more about structuring SBLCs effectively
DCW Updates
Nepal Ban on Luxury Goods May Increase Counterfeits
An April 2022 government-imposed ban on imported goods categorized as luxury items intended to curb the outflow of dwindling foreign
DCW Updates
Sri Lanka Seeks Coal, but no LCs to Back Sales
Sri Lanka’s Power and Energy Minister has sought Cabinet approval for emergency purchases of coal, but importers have been informed by People’s Bank that it is not possible to open LCs.