October 2025
DCW Monthly: October 2025
From digital trade to defense finance, this month we're looking at how law and policy continue to evolve
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DCW Updates
Usance Payment at Sight LCs as a Conduit to Supply Chain Finance
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
DCW Articles
The French Adaptation of MLETR
France adopted law aligned with the UN Model Law on Electronic Transferable Records in 2024. As of August 2025, it now a degree which defines technical criteria for a reliable method to achieve the goals of the MLETR.
DCW Articles
Electronic Transport Documents from the MLEC to the MLETR
In many respects, the MLEC served as a starting point for treatment of electronic transport documents in the MLETR. This article explains the consistency of some provisions contained in the two Model Laws and areas where the MLETR differs and has advanced further.
DCW Conference Report
2025 London Trade Finance Compliance Annual Meeting: Executive Summary
The Institute of International Banking Law & Practice conducted its one-day London Trade Finance Compliance Annual Meeting, 30 September 2025. This summary provides an overview of topics discussed and debated by leading professionals at the program hosted by Stephenson Harwood as a hybrid event.