DCW Updates
DCW Monthly: December 2024
We’re thrilled to share the newest edition of DCW’s premium monthly content. This month’s highlights include: * Five
SWIFT
28 articles
DCW Updates
WaveBL Completes Proof of Value for eBL Platform
Blockchain-based electronic bill of lading platform, WaveBL has announced completion of its proof of value (POV) testing with Swift, five
DCW Updates
US Takes Sweeping Action against Russian Banking System
Seeking to further eliminate options for Russia’s use of the international financial system, the US Treasury’s Office of
July / August 2024
2024 Singapore Annual LC Survey • Executive Summary
This Executive Summary provides an overview of topics discussed and debated by leading professionals at the conference.
DCW Articles
When the Beneficiary Bypasses the Nominated Bank
ICC TAB 9 points out that there is a risk of documents being presented to more than one bank at the same time, especially under an LC that is freely negotiable, but it stops short of making any recommendations for avoiding this risk. Here’s my suggestion.
DCW Articles
ISP98, A Success Story
A member of the ISP drafting group offers perspective on the vision, birth, development, and future of the international rules built 25 years ago for standby LC practice.
2012 LC Trends Revisited
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
DCW Updates
ICC & Swift Release API Standards for Guarantees & Standbys
The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees
DCW Updates
Almond Ailments: Seller Finds Jurisdiction a Tough Nut to Crack
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?
DCW Updates
ICC Initiates Proposal on API Industry Standards for Guarantees & Standbys
On 5 June 2023, the ICC Banking Commission released the findings and proposals of its working group concerning API Industry