DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
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Seeking to capitalize on recent meetings with high level officials of Russia and following a July 2024 session of the Committee for Development of a Roadmap for Engagement with Russia, Pakistan is exploring more expansive cooperative agreements with Russia on a government-to-government basis, according to Pakistan’s Business Recorder.
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DCW Updates
Business as Usual in Dubai, but Fluid Situation
In the initial weeks since the war against Iran began 28 February, trade finance operations in banks in Dubai have
DCW Updates
US Treasury Flags TBML Threat in 2026 National Risk Assessment
Trade finance rarely sits at the center of money laundering discussions, but the US Treasury Department’s 2026 National Money
DCW Updates
Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller
Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did
DCW Updates
English Court Decides on Legal Nature of “Classic Performance Bond”
In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under