July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
DCW Updates
462 articles
(Page 2)
DCW Updates
Pakistan Adjusts SBLC Issuance Instructions
Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions
DCW Updates
A Quiet Rule Change with Loud Implications for LCs
A recent S&P Global Ratings report on bank capital markets performance noted that the relaxation of the Enhanced
DCW Updates
India’s CBI Investigates USD 2.2b Alleged Bank Fraud
India’s Central Bureau of Investigation (CBI) has arrested two senior executives of Reliance Communications Limited linked to an alleged
DCW Updates
TTP Releases Documentary Collections Guide
Trade Treasury Payments (TTP), along with BAFT and ICC, published “A Practical Guide to Documentary Collections” on 6 May 2026.
DCW Updates
Diverse Views Define UCP Revision Voting
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
DCW Updates
ICC Unveils Two-Year UCP, ISBP Action Plan
Billed as a deliberate shift from rule revision to rule optimisation, the ICC Banking Commission’s 2026-2027 Action Plan
DCW Updates
SWIFT Message Reference Guide Cited in NY Case
A recent decision issued by a New York court demonstrates the importance of proper understanding and use of the SWIFT
DCW Updates
UK Supreme Court Decides for UniCredit in Sanctions Case
The United Kingdom’s Supreme Court decision in UniCredit Bank GmbH v. Celestial Aviation Services Ltd.[[1]] was issued 25
DCW Updates
Court Denies CCBC’s Motion, NY Discovery Applies
In White Rock Insurance (SAC) Ltd. v. China Construction Bank Corp., the New York State Supreme Court denied China Construction
DCW Updates
Business as Usual in Dubai, but Fluid Situation
In the initial weeks since the war against Iran began 28 February, trade finance operations in banks in Dubai have
DCW Updates
US Treasury Flags TBML Threat in 2026 National Risk Assessment
Trade finance rarely sits at the center of money laundering discussions, but the US Treasury Department’s 2026 National Money
DCW Updates
Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller
Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did