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

Singapore Streamlines eGuarantee Templates

Xalts Acquires Contour

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...

Singapore LC Market Reacts to Credit Agricole Case Reversal

Judgment for Confirming Bank that Dishonoured Complying Documents Reversed

In Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A., the Singapore Court of Appeal on 28 September 2023

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

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