DCW Updates
DCW Monthly: September 2025
From London to New Delhi to New York, this issue brings together the latest laws, rulings, and rule-set debates in
2 min read
Nazrul Islam Mazumder, chairman of NASSA Group, a Bangladesh conglomerate active in the apparel, banking, and real estate industries, is at the center of a BDT 16,000 crore (USD 1.5 billion) trade-based money laundering investigation conducted by the Bangladesh Financial Intelligence Unit (BFIU) government agency.
Read next
DCW Updates
Sri Lanka Customs Action Leads to Vehicles Sitting Idle at Port
Sri Lanka’s vehicle imports are typically backed by cross-border letters of credit which has been the industry norm for
DCW Updates
ICC Banking Commission Conducts Strategic Meeting
ICC Banking Commission meets in Singapore to discuss UCP revision, Basel III advocacy, ICC Trade Register expansion, and digital trade finance.
DCW Scam Survey
Man Extradited to US to Face Host of Fraud Charges
A Nigerian man believed to have conspired with others to pursue fraudulent tax return refunds of at least USD 8.
DCW Scam Survey
Zimbabwe Businessman Loses Funds in Standby LC Investment Scheme
Although not near as commonplace as in the 1990s, standby letters of credit are still being pitched as investment instruments.