DCW Newsroom

Pakistan Looks to Deepen Trade & Energy Ties with Russia

Seeking to capitalize on recent meetings with high level officials of Russia and following a July 2024 session of the

Ethiopian Importers Harmed by Country’s Abrupt Foreign Exchange Reforms

Ethiopia’s central bank’s simultaneous announcement and roll out of major foreign exchange reforms on 29 July 2024 caught

Saudi IT Firm Secures Financing Facility from Riyad Bank

Saudi IT firm, Al Moammar Information Systems Company (MIS), obtained a SAR 252 million (USD 67m) financing facility from Riyad

SEC Charges Duo for Their Roles in Prime Bank Program

After US federal government agencies warned that “prime bank” instruments lacked legitimate use in the mid-1990s and the US Securities

Bangladesh Investigators: Insurer Embezzled Funds Linked to 25 LCs

Two officials from Asia Insurance, Bangladesh, were fined for embezzling BDT 22.7M via forged documents linked to TVS Auto.

Indian Firm Using LCs, Accused of Cheating Bank

India’s Central Bureau of Investigation (CBI) is looking into a complaint, alleging that a Mumbai-based civil construction firm and

ISP98 Official Commentary

Standby & Demand Guarantee Practice: Understanding UCP600, ISP98, & URDG 758

The IIBLP eBook comparing UCP600, ISP98, and URDG 758. A comprehensive user's guide for Standby LC and guarantee users.

EU Adopts New Round of Sanctions Directed at Russia

On 24 June 2024, the European Union adopted its 14th round of sanctions (EU Regulation 2024/1745), amending EU Regulation

Will A Model SBLC Form Energize eUCP Use?

Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for

Digital Trade Finance Puzzle Coming into Focus

Citing passage of the 2023 UK Electronic Trade Documents Act and building momentum across the legal, banking, business, and technology