DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
DCW Updates
480 articles
(Page 5)
DCW Updates
Matar Begins New Chapter as Consultancy Director
Following 13 years at Alinma Bank in Riyadh, Saudi Arabia, Khalil Matar left the bank to join SACB Management Solutions
DCW Updates
Auditors Found Guilty of Failing to Detect LC Fraud
The Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI) has found that two auditors of an Indian
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Maritime Piracy & Robbery at Five-Year High
Reported incidents of piracy and armed robbery against ships worldwide in 2025 reached their highest level since 2020 according to
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Nigerian Court Freezes Funds of Bank Tied to LC Dispute
A Nigerian court has instructed the freezing of Nigerian Naira 7.15 billion (USD 5 million) at a bank accused
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China Adopts MLETR Principles for Bills of Lading
The Maritime Code of the People's Republic of China was revised and adopted by the 18th Session of
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Selling LCs Short … and Wrong
Misrepresentation of how letters of credit are used has sadly plagued the industry for decades. We are all too familiar
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Report Quantifies Use, Potential of Smart Contracts in Trade Finance
A recent study suggests demand for smart contracts in trade finance is on the ascent due to a variety of
DCW Updates
MUFG Manila Issues Standbys Supporting Renewable Energy Projects
Following official launch of its sustainable trade solutions in the Philippines in November 2025, MUFG Bank, Manila Branch has issued
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Australia Progresses toward MLETR Implementation
The Australian Standing Council of Attorneys-General (SCAG) issued a Communique on 14 November 2025 on a range of agreed
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Egypt Sets Mandatory Date for Air Cargo Import Requirements
The Egyptian Customs Authority has formally announced that the mandatory application of the Advance Cargo Information (ACI) system for air
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ICC Clarifies Opinion Withdrawal Process
The ICC Banking Commission has released a Steering Committee Statement to its members and ICC National Committees regarding withdrawal of
DCW Updates
In Memory of James G. Barnes
I had the privilege of knowing Jim, or “Dr. Barnes” as he was respectfully called, for almost 40 years. We
