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 33)
DCW Updates
STI Orchard Case Tied to Hin Leong Debacle Merits Further Investigation
In The “STI Orchard”, an in rem admiralty action, the High Court of Singapore denied a financing bank’s motion
DCW Updates
Nepal Ban on Luxury Goods May Increase Counterfeits
An April 2022 government-imposed ban on imported goods categorized as luxury items intended to curb the outflow of dwindling
DCW Updates
Sri Lanka Seeks Coal, but no LCs to Back Sales
Sri Lanka’s Power and Energy Minister has sought Cabinet approval for emergency purchases of coal, but importers have been informed by People’s Bank that it is not possible to open LCs.
DCW Updates
ICC Releases Technical Advisory Briefing on “Without Delay”
Perceiving a need among the letter of credit community for guidance on interpretation of the phrase “without delay” regarding the
DCW Updates
Coastline Solutions Introduces Supply Chain Finance Online Training
Online training provider Coastline Solutions has rolled out their Supply Chain Finance course.
DCW Updates
Documents Stalled en Route to China
Global trade bankers in the US are reporting that certain documents and packages sent to destinations in the People’s
DCW Updates
Asia Traders Ready, Willing, Unable to Buy Russian Coal
Citing an inability to find an appropriate payment arrangement, would-be purchasers of discounted Russian thermal coal based in Asia
DCW Updates
TradeLens eBL Facilitates Paperless LC with HSBC and Syngenta
In February 2022, digital platform TradeLens announced successful completion of an LC transacted with HSBC and Syngenta using a digital
DCW Updates
New York Court Declines to Dismiss LC Dispute
New York County’s Supreme Court has rejected an Indian issuing bank’s motion to dismiss a complaint regarding an
DCW Updates
US Treasury Designates Faciltators of Russian Sanctions Evasion
On 20 April 2022, U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russian bank,
DCW Updates
EU Adopts Fifth Round of Sanctions Against Russia
On 8 April 2022, the Council of the European Union imposed restrictive measures against an additional 217 individuals and 18
DCW Updates
Michael Evan Avidon Named 2022 Letter of Credit Lawyer of the Year
The Institute of International Banking Law & Practice (IIBLP) has named Moses & Singer LLP Partner Michael Evan Avidon as