September Roundup
September's DCW is live! We have an exciting fresh batch of content that's just launched. Scroll
đź’ˇCelestial Aviation Services Ltd. v. Unicredit Bank, London Branch 2023 EWHC 1071 Type of Lawsuit: Subsequent hearing on an ancillary
Seller/Beneficiary moved for default judgment; Issuer alleged previous order required correction.
UCP600 interpretation challenges arise as banks often misconstrue article purposes. Beneficiaries risk losing payment guarantees due to misinterpretation during credit-complying presentations
Issuer sued Applicant for reimbursement.
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
Sign up to receive occasional DCW emails highlighting content