In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
DCW Updates
414 articles
(Page 2)
DCW Updates
DCW LC Stats Sourcing Explained
On a quarterly basis, DCW publishes LC issuance statistics for the Top 600 US banks. For many DCW readers these
DCW Updates
Latest TABs Address Confirmation, Procedure for Payment under UCP600
In the latest rollout of its Technical Advisory Briefings (TABs), the ICC Banking Commission has issued TAB No. 13, “Confirmation
DCW Updates
ICC Releases Draft Opinions Slated for October 2025 Meeting Agenda
Six Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
DCW Updates
Forged LC Case Underscores Need for Due Diligence
Shockwaves went through the reinsurance industry when reports surfaced in July 2023 that employees of the Israeli insurtech Vesttoo Ltd.
DCW Updates
Judgments Issued in Massive Fraudulent Nickel-Trading Scheme
In two judgments issued concurrently on 29 July 2025, the High Court of Singapore has ordered nine former employees of
DCW Updates
Sri Lanka Customs Action Leads to Vehicles Sitting Idle at Port
Sri Lanka’s vehicle imports are typically backed by cross-border letters of credit which has been the industry norm for
DCW Updates
ICC Banking Commission Conducts Strategic Meeting
ICC Banking Commission meets in Singapore to discuss UCP revision, Basel III advocacy, ICC Trade Register expansion, and digital trade finance.
DCW Updates
Singapore Court Affirms Judgment in Misdelivery Case
Further to a case previously analyzed in DCW, a Singapore Court of Appeal has affirmed the decision in The “Maersk
DCW Updates
ISBP Revision at a Crossroads
The ICC Banking Commission sent out its comments on ISBP Revision Draft 3 feedback received from 19 ICC National Committees
DCW Updates
Questions about the ICC Opinion Handling Process
The ICC Banking Commission’s “ICC Official Opinion Handling Procedure and Terms of Reference”, last updated in June 2023, sets
DCW Updates
Singapore Court Dismisses Appeal in Circular Oil Trade Case
Banque de Commerce et de Placements S.A. (BCP) of Switzerland has lost its appeal of a High Court of
DCW Updates
UNCITRAL Approves Draft UN Convention on Negotiable Cargo Documents
On 14 July 2025, the United Nations Commission on International Trade Law (UNCITRAL) announced its approval of the draft convention