DCW Articles

What Are We Supposed to Do? A Practical Approach to Sanctions Clauses

The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.

Originality of Paper and Electronic Documents (Part 1)

Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of an article series.

Judgment Rules Companies Must Know End Destination of Products

A conviction by a Danish court for violating EU sanctions against Syria has underscored the knowledge governments expect of companies of the end destination of their products.

Brightening the Way Toward Digitalization of Trade Finance

Singapore's TradeTrust, developed by IMDA, integrates global standards, UNCITRAL's MLETR, and blockchain, allowing verification of electronically issued documents for global trade.

Modifications and Exclusions of UCP600 Articles in Commercial Letters of Credit

Practical advice for modifying and excluding UCP600 articles in commercial letters of credit.

Effective Date of Cargo Insurance for Multimodal Transport and Air Transport Shipments

Conflicting interpretations persist over whether insurance documents issued on the actual flight date—but after a transport document’s issuance—are discrepant. This article examines the implications under ISBP 745, UCP600, and CIP Incoterms® 2020, and explains how to avoid costly risk gaps.

Use of Digital Signatures Due to Coronavirus

Standby Letters of Credit with “Pay and Walk” Clauses: How They Work and What to Watch for

Certain banks issuing standby letters of credit subject to ISP98 (or demand guarantees subject to URDG758) have been including “Pay