Category Archives: General Trade Finance

TBML: A Big Picture of the Problem and How to Solve it

Financial institutions have a critical role to play in combating various financial crimes such as money laundering, terrorist financing, bribery and corruption, proliferation of weapons of mass destruction and breach of economic, financial and trade sanctions. They face risks of legal liability, regulatory sanctions, financial loss, and reputational damage for failure to comply with applicable laws and regulations with regard to the detection and prevention of financial crime.

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DCW Trade Finance Year-in-Review

Looking Back: DCW's Trade Finance Headlines from 2018

Since 1996, Documentary Credit World has had it's finger on the pulse of the LC industry, producing monthly issues featuring news, articles, statistics, and more. Each year, DCW Executive Editor Christopher Byrnes pulls together his picks for the...

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ICC Resumes eURC Development and eUCP Update 

IIBLP - ICC resumes digitisationICC Resumes Digitization Process for URC, Update to eUCP

On 3 January 2018, the ICC Banking Commission Executive Committee announced that it would proceed with updating the existing eUCP rules (eUCP Version 1.1, 2007) and drafting new rules addressing electronic...

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