US UCC Article 5’s Non-Variable Provisions
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
Following coordination of price cap sanctions on Russian origin crude oil and petroleum products first put in place in December
In a move aimed at easing pressures on foreign exchange reserves, Pakistan is designing a bonded bulk storage policy for
Bangladesh’s largest power plant has resumed production on 25 June 2023 after a 20-day hiatus caused by a shortage
For years, compliance specialists within banks have been skeptical that the price checking of traded goods is an effective measure
error in initial date in DCW PDF but fixed here.
Another troubling commodities financing controversy is unfolding in China that bears stark similarities to the Qingdao warehouse scandal of 2014,
On 1 June 2023, the US Treasury’s Office of Foreign Assets Control (OFAC) designated for sanctions controls four companies
Does an NY court have jurisdiction over an Indian collecting bank that is alleged to have violated the URC 522 for neither collecting and remitting funds to pay for shipments?
In a move designed to counteract the risk of duplicate financing and elevate confidence in trade financing dealings among banks
Sign up to receive occasional DCW emails highlighting content