DCW Updates

ICC Opinions Tracker

ICC Opinion Status ICC Session Type Topic ICC Rules Cited ISBP / ISDGP ICC Opinion(s) Cited

ISBP Revision Forges Ahead with New Round of Proposed Changes

The ongoing effort to revise ISBP 821 (2023) has now reached an advanced stage with an updated Draft 3 revision

Bangladesh’s Central Bank Issues Circular Regarding Waiver Process

On 20 April 2025, Bangladesh Bank’s Foreign Exchange Policy Department issued FE Circular Letter No. 14, “Remittance against import

TSMC Potentially Facing USD 1 Billion Fine for Export Controls Violation

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, is under investigation by the US Department of

DCW announces David Williams Appointed to Editorial Advisory Board

Documentary Credit World is pleased to announce the addition of David Williams to our Editorial Advisory Board. David is based

Standby Subject to Texas State Law a Concern for Non-Texas Issuing Bank?

Singapore Paper Shows Banks Clear Inspection, but Gaps Remain

Four years after the Association of Banks in Singapore (ABS) roll out of a “Code of Best Practices – Commodity Financing”

Charter Party Bills of Lading: Know the Risk Mitigants

Most specialists in the trade finance industry are well aware of multiple court cases in recent years – many from Singapore

Discussion Exposes Troubling Standby Wording and Choice of Rules

In a recent discussion, LC specialists were asked if they would be willing to issue a standby LC subject to

Hong Kong Police Arrest Five Suspects on Charges of Using False LCs

Five individuals attempting to convert letters of credit into USD 10 billion at a bank in Hong Kong on 10