DCW Monthly: February 2026
This month’s edition emphasizes how seemingly small drafting choices and operational decisions can lead to substantial legal and compliance
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.
English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.
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.
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.
Any government that has trade and economic growth at the heart of its agenda wants international trade to be cheaper,
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