DCW: Most Read in 2025
Since going fully online in May 2024, DCW has seen significant growth. The addition of eBooks, CPDs, an expanded archive,
DCW Articles
Views on ICC Opinion TA954
Because standbys and demand guarantees often contain automatic extension clauses, ICC Opinion TA954 offers important lessons for practice and the need for sound drafting of such clauses.
DCW Conference Report
2025 Americas Standby & Guarantee Forum: Executive Summary
For the 19th consecutive year, IIBLP conducted its Americas Standby & Guarantee Forum. Held in New York City on 4 November 2025 and hosted by Baker McKenzie, the program was organized as a hybrid event. This Executive Summary provides an overview of key topics discussed and debated.
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DCW: Most Read in 2025
Since going fully online in May 2024, DCW has seen significant growth. The addition of eBooks, CPDs, an expanded archive,
October 2025
DCW Monthly: December 2025
As the year draws to a close, this month’s DCW focuses on the issues likely to carry into 2026.
DCW Updates
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 issues,
DCW Updates
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
DCW Updates
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
DCW Updates
ICC Releases Draft Opinion for January 2026 Session
Just one Draft Opinion will be addressed at the ICC Banking Commission’s next quarterly discussion on 27 January 2026.
DCW Updates
New York Governor Signs Bill, Updating State’s UCC
Further to prior reporting and analysis in DCW, New York Governor Kathy Hochul signed into law updates to New York’
DCW Articles
DCW Articles
The French Adaptation of MLETR
France adopted law aligned with the UN Model Law on Electronic Transferable Records in 2024. As of August 2025, it now a degree which defines technical criteria for a reliable method to achieve the goals of the MLETR.
September 2025
A Comparison of URDG 758 and UN Guarantee Convention
URDG 758 and the UN Guarantee Convention both address independent guarantees and in many respects their content is similar, but differences exist in their areas of focus.
August 2025
Automatic Extension LC Issues
The recent case of Illinois DNR v. Regions Bank illustrates the importance of clear wording of automatic extension clauses and issuing banks including a final expiration date in their standbys.
DCW Articles
Canadian Supreme Court Confirms Bank Must Refuse LC Payment Due to Fraud
In Eurobank Ergasias S.A. v. Bombardier Inc., the Supreme Court of Canada takes up the fraud exception and whether it applies regarding a demand for payment under a Counter Guarantee.
DCW Updates
DCW Updates
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 issues,
DCW Updates
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
DCW Updates
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
DCW Litigation Digest
DCW Litigation Digest
Luoyang Aviation Construction Co. v. Korea Kookmin Bank [2025]
Case heard by China's Supreme People’s Court deals with questions regarding alleged fraud and the nature of a transferable credit under UCP600 Article 38.
DCW Litigation Digest
ANZ Bank, Manila Branch v. China National Electric Engineering Co., Ltd. & Bank of Jiangsu [2024]
Retrial application dismissed in case involving a dispute over alleged fraud and application the PRC Independent Guarantee Provisions to a standby LC governed by ISP98.
DCW Litigation Digest
Ryobi Tactics Pte Ltd. v. UES Holdings Pte Ltd.
Applicant sued, claiming that demands on four performance bonds were unconscionable.
DCW Litigation Digest
North American Airlines, Inc. v. Wilmington Trust Co.
Lessee sued Lessor/Owner Trustee for breach of contract and conversion.
DCW Scam Survey
DCW Scam Survey
UK Company behind Advance Fee Scam Shut Down
A company which received USD 231,000 from a client but failed to deliver on its promise to arrange a
DCW Scam Survey
Indian Officials Pursue Large-Scale Loan Fraud Case
India’s Directorate of Enforcement (ED) has filed a complaint against entities it believes are responsible for obtaining INR 110
DCW Scam Survey
Ex-Owners Ordered to Pay Ukraine’s Privatbank USD 3 Billion
An English High Court on 10 November 2025 ordered the former owners of Ukraine’s largest bank to pay the
DCW Scam Survey
Group Accused of Duping Indian Pharma Trader with Fake LC
Six owners and associates of Prizam Alliance Pvt Ltd. of Surat, India, are under investigation by the Economic Crime Prevention
DCW LC Statistics
DCW LC Statistics
LC Statistics: 2Q25 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 2Q 2025.
DCW LC Statistics
LC Statistics: 3Q24 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 3Q 2024.
DCW Feature
LC Statistics: 2Q24 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for Q2 2024.
DCW Feature
LC Statistics: 1Q24 US Bank LC Issuance
DCW reports quarterly LC issuance statistics from the top 600 banks headquartered in the U.S.
DCW Conference Report
DCW Conference Report
October 2025 ICC Banking Commission Meeting
The ICC Banking Commission’s quarterly meeting, held via Zoom on 21 October 2025, discussed six draft opinions, the status of Technical Advisory Briefings, a call for comments on the future of UCP and ISBP, and the emergence of stablecoin as relates to ICC rules and digital trade law.
DCW Conference Report
2025 London Trade Finance Compliance Annual Meeting: Executive Summary
The Institute of International Banking Law & Practice conducted its one-day London Trade Finance Compliance Annual Meeting, 30 September 2025. This summary provides an overview of topics discussed and debated by leading professionals at the program hosted by Stephenson Harwood as a hybrid event.
DCW Conference Report
2025 Singapore Guarantee & Standby Forum: Executive Summary
For the 18th consecutive year, IIBLP conducted its Guarantee & Standby Forum for the Singapore trade finance market. Held on 19 May 2025 and hosted by S&P Global, the program was organized as a hybrid event. This Executive Summary provides an overview of topics discussed and debated.
DCW Conference Report
2025 Americas TF Compliance Annual Meeting: Executive Summary
For the 7th year, the Institute of International Banking Law & Practice conducted its one-day Americas Trade Finance Compliance Annual Meeting. This summary provides an overview of topics discussed at the conference hosted by S&P Global on 2 April 2025 in New York and conducted as a hybrid event.