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 59)
DCW Updates
MonetaGo to Engineer Singapore’s Trade Finance Registry
The Trade Finance Registry (TFR), an initiative undertaken by the Association of Banks in Singapore (ABS) to combat duplicate financing
DCW Updates
Singapore to Require Additional Safeguards to Stop Digital Banking Scams
To further safeguard customers from digital banking scams, the Monetary Authority of Singapore (MAS) and the Association of Banks in
Standby LC
Issuing Standbys Allowing for Presentation of Documents by Email
At the IIBLP’s 2022 Annual LC Survey – West conference (18-19 May), delegates were asked about the general frequency in which their bank issues standbys allowing for documents to be presented electronically. Here, Buddy Baker of Goldman Sachs Bank comments on the poll results.
DCW Updates
Report: Russia Seeks Reversion to Paper LCs with India
As an alternative to use of SWIFT for the sending of letters of credit, the Bank of Russia and Reserve
DCW Feature
Judicial Remedies for Guarantee Fraud and Abusive Demands on Independent Guarantees Under PRC Law
In-depth look into use of independent guarantees in China's international trade, addressing risks like fraudulent calls and abuses.
DCW Articles
Motivations and Rationale for Variation of Incoterms Rules
The ICC’s Incoterms® rules only reflect the most commonly used commercial practice. Therefore, where a situation demands and parties are in agreement, the rules may be amended to deviate from the default provisions or add to the rules to bring more precision.
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
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
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