DCW Updates

Charges Multiply against Hin Leong Oil Trading Founder

Twenty-five forgery-related charges were levied last year against Lim Oon Kuin, founder of collapsed oil trading firm Hin Leong Trading.

Making the Case for Simplified LCs

Speaking at the March 2021 meeting of the BAFT West Coast LC Committee, guest speaker Buddy Baker renewed his advocacy

Singapore’s ABS Establishes Industry Guidelines for Commodity Financing

The Association of Banks in Singapore (ABS), in concert with government agencies of Singapore, published a “Code of Best Practices

Identifying and Overcoming the Risks of Applying UCP to Murabaha LCs

Sanctions’ Clauses from the Perspective of LC Users

Blocked after Presentation: Another Layer of Concern

Should an issuing bank pay if presented documents comply, but it learns of recent news that an entity involved within

Inoperative Conditions

So-called “inoperative conditions” regularly trouble LC users because there are both appropriate and inappropriate ways of utilizing them. Such conditions