DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Latest news (Page 7)
DCW Updates
Auditors Found Guilty of Failing to Detect LC Fraud
The Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI) has found that two auditors of an Indian
DCW Updates
Maritime Piracy & Robbery at Five-Year High
Reported incidents of piracy and armed robbery against ships worldwide in 2025 reached their highest level since 2020 according to
DCW Updates
Nigerian Court Freezes Funds of Bank Tied to LC Dispute
A Nigerian court has instructed the freezing of Nigerian Naira 7.15 billion (USD 5 million) at a bank accused
DCW Profiles
The Growth Mindset
Trade Finance Career Spotlights: Edward Stoltenberg How do seasoned trade finance professionals get to where they are? In this Spotlight,
DCW Profiles
People First, Then Rules
Trade Finance Career Spotlights: Dennis Noah Ever wonder how senior trade finance professionals actually got here? In this Spotlight, we
DCW Articles
The Meaning of Assignable
Like certain other terms used in the LC and guarantee field, “assignable” can mean different things to different parties. Glenn Ransier reviews what the practice rules say and the importance of clarity.
DCW Articles
The Range of Approaches to Price Verification in Trade Finance
The views expressed by the authors in this publication do not represent their employers, any entity, government, or agency. Any
DCW Litigation Digest
Ningbo Nanheng Import & Export Co., Ltd v. Shinhan Bank Corp. [2021]
The legal consequences of backdating paper bills of lading under letters of credit and use of surrendered bills of lading emerge from the China case, Ningbo Nanheng Import and Export Co. Ltd. v. Shinhan Bank Co.
DCW Conference Report
2025 ABA Financial Crimes Enforcement Conference: Executive Summary
The American Bankers Association’s 37th Financial Crimes Enforcement Conference took place in Arlington, Virginia in October 2025, as banks and regulators grappled with AML reform, rising fraud, stablecoins, and the growing impact of AI on financial crime controls.
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
DCW Articles
Issues Regarding Transferable Credits under UCP600 Article 38
Drawing on the China case, Luoyang Aviation, Saibo Jin examines the relationship between the transferred credit and the original credit.
DCW Articles
Documentary Collections - A Different Look to Confront Misuse and Money Laundering
Banks that handle collections must not neglect the product and have proper controls in place to deal with the risks.
