This month, we're spotlighting the challenges and hard-earned lessons emerging from LC disputes and sanctions enforcement crackdowns. Carter
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.
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
Part 1 Executive Summary of IIBLP's Americas Annual LC Survey in 2023
On 5 June 2023, the ICC Banking Commission released the findings and proposals of its working group concerning API Industry
On a positive note, Bangladesh has experienced a sharp decline in trade-based money laundering in recent months “following intensifying monitoring
Natural gas company GAIL Limited, in coordination with Axis Bank, has announced it is the first Indian corporate to go
Further to their June 2022 release of a joint alert, US Treasury’s Financial Crimes Enforcement Network (FinCEN) and the
A bill to amend New York State’s Uniform Commercial Code (UCC) and adopt a new Article 12 (Controllable Electronic
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