October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
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Following response in mid-2024 to proposed changes to its rules regarding letters of credit for recipients of high-cost competitive bidding support, the US Federal Communications Commission (FCC) opted to revamp its standard for US banks to be considered acceptable to FCC for purposes of issuing LCs. DCW had reported on the Proposed Rule issued on 5 July 2024 for which FCC sought comment.
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DCW Updates
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
DCW Updates
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
DCW Updates
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