DCW Updates
DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
DCW Articles
Assessing the Relevance of UCP600 Today: The Case of Article 6(d)(i)
The maturation of UCP has included attempts to address incorrect practice regarding expiry date and presentation period of a credit. Is it time for UCP600 Article 6(d)(i) to be revisited?
4 min read
The trade finance industry is undergoing significant transformation since 2020, strongly driven by application of artificial intelligence, overall technological advancements, regulatory tightening, and geopolitical shifts around the world, accompanied by fierce changes in the area of trade-based financial crime compliance.
With regard to the manner in which documentary credit business is conducted, consider that ISBP 821 was just published in 2023 and its revision is already well underway. The pertinent question I believe needs asked: Are all the articles of UCP600 still suitable for practice and as relevant as they were in 2007 at the time of UCP600 publication?
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DCW Updates
Calculating Confirmation Fees
In a recent discussion, bankers were asked how they calculate confirmation fees as a standard practice: 1) from the advising
DCW Updates
Company Failed to Prove ‘Asleep at the Wheel’ Director Responsible for Losses
In reversing a 2024 trial court ruling, Singapore’s Appellate Division of the High Court found that a former director
DCW Updates
New York Regulator Issues Guidance Amid Ongoing Global Conflicts
Expressing concern that ongoing global conflicts have increased the prospects of cybersecurity attacks directed at the US financial sector, the
DCW Updates
Bangladesh’s Mercantile Bank Issues First Blockchain-Enabled Domestic LC
Mercantile Bank PLC has announced successful completion in a “Proof of Concept”, demonstrating its ability to issue a “Green LC”