Singapore
A collection of DCW articles, case reports and news coming from or relating directly to Trade Finance, Treasury, and Compliance in Singapore.
The “Jeil Crystal” [2024]
💡The “Jeil Crystal” [2024] [2024] SGHC 74 [Singapore] Type of Case: Issuer sued Vessel Owner for misdelivery; Vessel Owner alleged
What We Can Learn From the Kuvera Resources v. JPMorgan Chase Bank Case
Learnings and reflections from the Kuvera Resources v. JPMorgan Chase appeal from 2023.
Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2023]
The appeal in Zenrock. In a crude oil transaction, a bank issuing an LC accused the buyer of fraud, leading to dishonor of the LC; however, the court ruled in favor of the seller...
Judgment for Confirming Bank that Dishonoured Complying Documents Reversed
-- link to Kuvera case
Chian Teck Realty Pte Ltd. v. SDK Consortium [2023]
[2023] SGHC 210 [Singapore] Cases Referenced: * CRK Contract Services Pte Ltd. v. Asplenium Land Pte Ltd. [2015], [2015] 3 SLR
Singapore Registry Aims to Thwart Trade Finance Fraud
In a move designed to counteract the risk of duplicate financing and elevate confidence in trade financing dealings among banks
Singapore’s eGuarantees Bring Efficiencies to Process
The Singaporean government launched eGuarantee@Gov, a simple and secure digital process whereby businesses and individuals can provide Electronic Bank Guarantees to Singapore Government agencies.
In Memoriam: Francis Ho
Long-time trade finance operations manager Francis Ho died 1 October 2022. Francis who started in banking in October 1972 spent
Singapore Court Dismisses Bank’s USD 37m Claim Related to Hin Leong Transaction
In UniCredit Bank A.G. v. Glencore Singapore Pte. Ltd. decided 21 October 2022, the High Court of Singapore dismissed
