IIBLP Books
Trade Based Financial Crime Compliance
Navigating the complexities of trade finance compliance—clarity, strategy, and risk mitigation in one essential guide.
Latest news (Page 6)
DCW Scam Survey
Nigerian Airline Officials Indicted in US for Obstruction of Justice
Further to a story previously reported (Oct 2022 DCW 45), the CEO and founder of Nigerian airline Air Peace, has
DCW Updates
September Roundup
September's DCW is live! We have an exciting fresh batch of content that's just launched. Scroll
DCW Updates
ICC Defines Trade Finance
Expressing concern that a poorly constructed definition of trade finance could cause unintended negative consequences for the business, the ICC
September 2024
LC & Guarantee Issuance: Under or Out of Control?
Debate persists on when an independent undertaking is issued: upon leaving the issuer’s control or only when advised to the beneficiary. Various rules clarify issuance timing.
DCW Updates
100% Electronic B/Ls by 2030: The Numbers Behind the Number
On 15 Feb 2023, DCSA members pledged to issue 50% of bills of lading (B/Ls) electronically by 2028 and 100% by 2030, aiming to cut costs and boost global trade.
DCW Updates
Bank of England Breaks with Basel, keeps 20% CCF for Trade Instruments
The Bank of England reversed its plan to raise trade finance capital requirements from 20% to 50%, aligning with the EU approach but raising insurance-related requirements.
DCW Updates
Righting an Irregular Presentation … with a Twist
Beneficiary presented late shipment documents under an LC. The issuing bank deducted penalties without a refusal notice, raising debate on clause 47A-7, UCP 600, and consent.
DCW Updates
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
DCW Updates
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
DCW Updates
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
DCW Scam Survey
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