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

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

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

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

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

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

English Court Decides on Legal Nature of “Classic Performance Bond”

In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under

Bonded Warehouse Facilities Must be Modernized

Abuse of bonded warehouse facilities by Bangladesh’s readymade garments industry has been gotten worse since the 1990s. By one

ICC Finalizes Opinion on B/L Freight Details

At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It

ICC NCs to Comment on Future of UCP600, ISBP

Following its January 2026 quarterly discussion session, the ICC released on 11 February 2026 results and points of analysis from

TAB-17 Addresses Handling Surrendered Bills of Lading

Trafigura Wins Nickel Fraud Case, Recovery Process Begins

In Trafigura PTE Ltd. v. Gupta[[1]], a London High Court ruled in favor of Trafigura in its USD 500