DCW Updates

Weiss Decries US FCC Changes to Screening Standards for LC Issuing Banks

Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost

APEC Committed to Adoption of MLETR

At a meeting of Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade in Jeju, Republic of Korea, 15-16

Former Bank Managers Face Charges in Hong Kong Related to False Standby LCs

Hong Kong’s Independent Commission Against Corruption (ICAC) which previously brought conspiracy charges against two ex-bank managers for their

ICC Announces Standard API for Attachments of Trade Finance Instruments

Further to a past update on ICC efforts to develop standard API for trade finance instruments in cooperation with SWIFT,

Import LCs on the Rise in Bangladesh

Following months of political turmoil prior to the 5 August 2024 ousting of the Awami League government, Bangladesh has experienced

Reflections from FCCi’s First Fireside in Singapore

On 21 May 2025, we hosted our first ITFA-FCCi Afterwork Networking Happy Hour in Singapore. The team at Rajah

ICC Opinions Tracker

ISBP Revision Forges Ahead with New Round of Proposed Changes

The ongoing effort to revise ISBP 821 (2023) has now reached an advanced stage with an updated Draft 3 revision

Bangladesh’s Central Bank Issues Circular Regarding Waiver Process

On 20 April 2025, Bangladesh Bank’s Foreign Exchange Policy Department issued FE Circular Letter No. 14, “Remittance against import

TSMC Potentially Facing USD 1 Billion Fine for Export Controls Violation

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, is under investigation by the US Department of

DCW announces David Williams Appointed to Editorial Advisory Board

Documentary Credit World is pleased to announce the addition of David Williams to our Editorial Advisory Board. David is based