DCW Updates
Singapore Court Affirms Judgment, Rejects Applicant’s ISP98 Arguments
In DJY v. DJZ[[1]] involving a standby letter of credit, the Appellate Division of Singapore’s High Court dismissed
Standard Chartered Bangladesh Launches Receivables Finance Solution
Seeking to enhance liquidity for Bangladesh exporters by enabling their early repatriation of export proceeds under deferred payment letters of
2025 ICC Trade Register Released
On 4 November 2025, ICC announced availability of its 2025 Trade Register. First produced in 2010, the ICC Trade Register
FinCEN Clarifies Aspects of SAR Requirements
On 9 October 2025, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in concert with other
AI Training Moving From Trend to Expectation
Jump to Poll Two of the world’s largest banks have now made AI training a mandatory part of staff
Bangladesh’s Central Bank Cracks Down on Splitting LCs
Since Bangladesh Bank, the country’s central bank, established its Foreign Exchange Policy Department (FEPD) as a dedicated department for
Singapore Court Upholds Running Account Despite Sham Deals
When businesspeople engage in mutual business dealings and loans to each other under multiple corporate entities they operate but their
Ugandan Bank Entitled to Recover through Properties Sale
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
Edward Stoltenberg to join DCW Editorial Advisory Board
Documentary Credit World is pleased to announce the addition of Edward R. Stoltenberg to our Editorial Advisory Board (EAB). Edward
Usance Payment at Sight LCs as a Conduit to Supply Chain Finance
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
BPCE Issues Europe’s First Defence Sector Bond
In a move indicative of a broader shift in security finance, Groupe BPCE became the first financial institution in Europe
ISP98 Form 11.1 for U.S. Government SBLCs Now Online
ISP98 Form 11.1 (Model US Government Standby) is the latest addition to IIBLP’s series of model forms available
