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 56)
DCW Articles
A 1945 Jewel About Documentary Credits
A 1945 book displays a number of contemporary equivalents to current day trade finance banking practice.
DCW Updates
Use of Performance Bonds Increasing in Tanzania
A report by Clyde & Co Partner Tenda Msinjili and Associate Amreen Ayub suggests that use of performance bonds in
DCW Updates
FATF Updates Its Listing of Jurisdictions Under Increased Monitoring
The Financial Action Task Force (FATF) identified 23 jurisdictions under increased monitoring in October 2021 which are actively working with
![Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2022]](/content/images/size/w30/wordpress/2022/03/Credit-agricole-v-PPT-energy-DCW.jpeg)
DCW Feature
Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2022]
In a crude oil transaction, a bank issuing an LC accused the buyer of fraud, leading to dishonor of the LC; however, the court ruled in favor of the seller...
DCW Updates
SWIFT Disconnects Designated Russian, Belarusian Entities from Network
In compliance with applicable sanctions laws and conforming to legal instructions issued by the European Union, SWIFT disconnected selected banks from its financial messaging services in March 2022.
DCW Updates
FinCEN Alerts of Possible Russian Sanctions Evasion Tries
US Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Alert on 7 March 2022, advising financial institutions (FIs) to be vigilant against efforts to evade sanctions.
DCW Updates
European Banks Boost Support of “Top-Tier” Commodity Traders
Research conducted by Fitch Ratings suggests that European banks appear to be increasing lending to commodity trading firms facing extraordinary liquidity needs due to fierce commodity price volatility.
