DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
Latest news (Page 68)
DCW Articles
13 common Letter of Credit and Bill of Lading frauds: Revisiting the Solo Industries & Saad Group Trade Finance Frauds
Those who forget the lessons of history are condemned to repeat them. Trade finance frauds are no exception. Lessons from Solo Industries, Credit Agricole v. PPT, and practical advice for trade financiers.
DCW Updates
No Obstacle to Importing Food from Russia, Says Bangladesh Official
Two dozen unnamed international banks have agreed to confirm LCs supporting grain imports from Russia, according to a 25 Aug
DCW Updates
Sri Lanka Banks Again Honouring LCs
After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.
DCW Updates
Indian Import of Train Wheels Produced Prior to Russian Invasion
A small portion of India’s USD 16m import order for 36,000 Vande Bharat train wheels from a Ukrainian
2026 Singapore Materials
ISP vs. UCP: Key Differences for Standbys
Is the UCP Appropriate for Standby Letters of Credit? There are risks and lost opportunities in using UCP600 for standbys.
DCW Updates
ICC’s C4DTI Ambitious Plan to Accelerate the Digitalisation of Trade
Any government that has trade and economic growth at the heart of its agenda wants international trade to be cheaper,
DCW Updates
Trade Finance Compliance Ramifications of Russian Invasion Examined
A recent Paper released by S&P Global Market Intelligence offers insights on developments stemming from the increase in
DCW Updates
EU Sanctions Sberbank
Russia’s largest bank, Sberbank, was designated by the European Union in its seventh package of sanctions against Russian persons
DCW Updates
Aviation Litigation Takes Off, Aircraft Stranded in Russia
Even in the initial weeks following imposition of sanctions after Russia’s February 2022 invasion of Ukraine, the aviation industry
DCW Updates
ICC Opinion TA925rev Finalized
One ICC Opinion, TA925, was discussed at the ICC Banking Commission’s latest quarterly meeting on 12 July 2022 and