DCW Updates
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
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
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
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
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.
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
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
