DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
May 2026
13 articles
DCW Updates
Amid Conflict, ICC Urges Application of Practice Rules as Usual
Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement
DCW Updates
Assessing Where eBL Adoption Stands & How to Advance It
Through real-time feedback from hundreds of industry specialists, a recent webinar conducted by Enigio attempted to capture prevailing attitudes and
DCW Updates
OFAC Issues Advisory on Sham Transactions & Sanctions Evasion
On 31 March 2026, US Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert of sham
DCW Updates
Pakistan Adjusts SBLC Issuance Instructions
Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions
DCW Updates
A Quiet Rule Change with Loud Implications for LCs
A recent S&P Global Ratings report on bank capital markets performance noted that the relaxation of the Enhanced
DCW Updates
India’s CBI Investigates USD 2.2b Alleged Bank Fraud
India’s Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications Limited linked to an alleged
DCW Updates
TTP Releases Documentary Collections Guide
Trade Treasury Payments (TTP), along with BAFT and ICC, published “A Practical Guide to Documentary Collections” on 6 May 2026.
DCW Litigation Digest
Evergrowing Bank Co., Ltd. v. Sambu Shipping Co., Ltd.
Case from China's Jiangsu High People’s Court involving issuing bank suing carrier for compensation for carrier’s release of cargo against applicant’s letter of indemnity in lieu of original bill of lading contains important lessons for banks.
DCW Articles
The Case against UCP 600 Revision and for Education
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
DCW Articles
Price Verification: Doing More While Preserving the Independence Principle
For LC bankers to meet the challenge of price verification while upholding the independence principle, there's no substitute for exemplary knowledge of customers and their businesses.
DCW Articles
Sustainable Finance: The Evolving Role of Banks in Trade Finance
Traditional financial metrics alone are no longer sufficient to support decision-making. Banks are now expected to consider sustainability risks, including environmental impact, supply chain practices, and governance standards. Doaa El Atawy explores the evolving role and where banks are headed.
DCW Profiles
Keyboard was Springboard to Fulfilling LC Career
A Conversation with Pattie Marshall After more than five decades working in the letter of credit business, Pattie Marshall, SVP