November-December-2023
FinCEN Takes Next Step in Final Rules for Implementing CTA
US Treasury's FinCEN close to finalizing the rules for implementing the Corporate Transparency Act's beneficial ownership registry process.
A Blueprint for the Next ISBP
David Meynell and Gary Collyer offer a preview of what the ISBP 821 revision process might look like, including fixing gaps and additional digitalisation enhancements.
Temporary Injunction against LC Beneficiary in Credit Agricole Case Vacated on Appeal
Strabag, SpA v. Credit Agricole CIB case appeal
DCW Announces Additions to Editorial Advisory Board
DCW is pleased to welcome Zahoor Dattu, Ahmir Mansoor, Glenn Ransier and Kristine Siebel to the Editorial Advisory Board.
Silent Confirmation Of Documentary Credits: It’s Still Happening
The silent confirmation market is still active and prevalent for LCs in Asian countries as silent confirmation is one of the means for a beneficiary to mitigate issuing bank and country risk when it does not want other banks to confirm its credit.
Electronic Bills Of Lading: Where We Are And Where We Need To Be
The evolution from traditional paper Bills of Lading to electronic formats, detailed in ICC Opinion TA.929, reflects a seismic shift; as eB/Ls gain traction through digital platforms like Bolero and pioneering blockchain technology, legal recognition and harmonization lag.
Law Professional Convicted for Attempting to Mislead in Money Laundering Investigation
The UKs Serious Fraud Office (SFO) secured the conviction of solicitor William Osmond, who disclosed confidential details about a money laundering investigation and forged a legal document in an attempt to mislead authorities. Osmond was subsequently sentenced to nine months in prison.
