DCW Monthly: July 2026

Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never

Chris Sandler Jul 21, 2026

DCW Updates

Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court

In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not

DCW Newsroom Jul 20, 2026

DCW Updates

Unassignable Guarantees & Applicable Law

Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and

Christopher Byrnes Jul 20, 2026

Panama

2 articles

DCW Articles

Vessel Ownership, Trade Finance and Regulatory Compliance

This paper explores vessel risk based upon whether Group Ownership information is known or unknown for each vessel alongside identified compliance behavior.

Michael Byrne, Tom Cardamone, Jr., Byron McKinney, Matthew J Kozakowski Apr 14, 2023

DCW Updates

FATF Updates Its Listing of Jurisdictions Under Increased Monitoring

The Financial Action Task Force (FATF) identified 23 jurisdictions under increased monitoring in October 2021 which are actively working with

Christopher Byrnes Mar 24, 2022