Q3 2025 CPD Certificates Available
DCW members earn CPD credit each quarter. Following the first certificate released earlier this year, your Q3 2025 certificate is
UK
7 articles
DCW Articles
The UK’s New “Failure to Prevent Fraud” Law
The UK "Failure to Prevent Fraud" law presents challenges for global banks operating in the UK. Read how the law applies, and generally what banks should be doing to comply.
July / August 2024
Celestial Aviation Services Ltd. v. UniCredit Bank GmbH, London Branch [2024]
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
DCW Updates
Euros Instead of Dollars Due to Force Majeure Clause?
Court of Appeal allows payment in Euros despite contract in US Dollars. Implications for LCs & guarantees? RTI vs. MUR case questions currency and force majeure clauses' role in trade finance.
DCW Articles
Shanghai Shipyard, What Now for the English Guarantee?
The historical challenges of suretyship in English law, emphasizing the need for modernizing guarantee forms. Recent cases, like Shanghai Shipyard, underscore the importance of clarity.
DCW Updates
ICC’s C4DTI Ambitious Plan to Accelerate the Digitalisation of Trade
Any government that has trade and economic growth at the heart of its agenda wants international trade to be cheaper,
Demand Guarantees
England’s Vexing Guarantee Legacy: Can Better be Done?
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?