DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
Latest news (Page 67)
DCW Conference Report
2022 ICC Banking Commission Annual Meeting: Executive Summary
DCW's executive summary of the 2022 ICC Banking Commission Annual Meeting reports on ICC Opinions, Swift messaging, the trade finance gap, sustainable trade finance and more.
DCW Updates
ICC Releases Technical Advisory Briefing on “Without Delay”
Perceiving a need among the letter of credit community for guidance on interpretation of the phrase “without delay” regarding the
DCW Updates
Coastline Solutions Introduces Supply Chain Finance Online Training
Online training provider Coastline Solutions has rolled out their Supply Chain Finance course.
DCW Updates
Documents Stalled en Route to China
Global trade bankers in the US are reporting that certain documents and packages sent to destinations in the People’s
DCW Text & Forms
Singapore “Financial Services and Markets Bill” – Second Reading Speech
Monetary Authority of Singapore "Financial Services and Markets Bill" from 2022.
DCW Articles
A Chinese Perspective on Assignment of Proceeds and Nomination Matters in BNP V. Natixis
The BNP v. Natixis case involved the assignment of letter of credit (LC) proceeds and nomination under an LC, raising legal considerations. The court ruled in favor of the assignee (BNP), stating that Natixis waived any right to setoff when accepting the assignment. A Chinese law view
DCW Articles
Independent vs. Accessory Guarantees – a Tale of Two Cases: Shanghai Shipyard and Bank Audi
Different jurisdictional interpretations of guarantee law reinforce the need for practice rules in demand guarantee transactions.
DCW Articles
Independent or Not? French Court Decides on Disputed Bank Guarantee
In McNeil & NRM Inc. v. SA Bank Audi France, the court ruled on a dispute over an advance payment guarantee. The case highlights the importance of precise guarantee wording and adherence to standard practices in international transactions.
