This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
In a recent discussion, bankers were asked how they calculate confirmation fees as a standard practice: 1) from the advising
In reversing a 2024 trial court ruling, Singapore’s Appellate Division of the High Court found that a former director
A recent Singapore case highlights the potential inherent risks for banks that take credit insurance policies as security.
In a recent Singapore court case,[[1]] Marketlend Pty Ltd and another (Claimants) sought to recover more than USD9 million under a trade credit insurance policy (Policy) issued by QBE Insurance (Singapore) Pte Ltd (Insurer) to Novita Trading Limited (Seller).
The Policy covered the Seller’s sale and shipment of goods on deferred terms (the Alleged Trades). One of the Claimants, Marketlend Pty Ltd (Financier) had extended financing to the Seller by way of a Debtor Finance Facility (the Facility). The co-claimant was Australian Executor Trustees Limited (Funder) which funded the Financier’s facilities to the Seller. The Funder was included as a joint insured under the Policy.
In reversing a 2024 trial court ruling, Singapore’s Appellate Division of the High Court found that a former director
On 4 July 2025, the Monetary Authority of Singapore (MAS) took enforcement actions against nine financial institutions (FIs) and 18
The maturation of UCP has included attempts to address incorrect practice regarding expiry date and presentation period of a credit. Is it time for UCP600 Article 6(d)(i) to be revisited?
In Eurobank Ergasias S.A. v. Bombardier Inc., the Supreme Court of Canada takes up the fraud exception and whether it applies regarding a demand for payment under a Counter Guarantee.
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
