DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
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Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade finance vehicle for contemporary times in certain markets, bridging the old world of LCs and the new world of supply chain finance. Here, DCW highlights key findings from the article and presents additional perspective.
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DCW Updates
Amid Conflict, ICC Urges Application of Practice Rules as Usual
Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement
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Assessing Where eBL Adoption Stands & How to Advance It
Through real-time feedback from hundreds of industry specialists, a recent webinar conducted by Enigio attempted to capture prevailing attitudes and
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OFAC Issues Advisory on Sham Transactions & Sanctions Evasion
On 31 March 2026, US Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert of sham
DCW Updates
Pakistan Adjusts SBLC Issuance Instructions
Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions