Singapore
A collection of DCW articles, case reports and news coming from or relating directly to Trade Finance, Treasury, and Compliance in Singapore.
Singapore’s ABS Establishes Industry Guidelines for Commodity Financing
The Association of Banks in Singapore (ABS), in concert with government agencies of Singapore, published a “Code of Best Practices
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.
Potential Issues with Demand Guarantees – Lessons for Bankers from a Singapore Case
A Singapore court case highlights critical pitfalls in handling demand guarantees. This article unpacks lessons for bankers on documentation, fraud risk, counter-guarantees, and navigating complex cross-border disputes.
