Documentary Credit World January 2020

Feature - Belt and Road Initiative

Launched in 2013 and intended as a massive, multi-decade endeavor, China’s Belt and Road Initiative (BRI) is impacting and influencing infrastructure projects around the world on a grand scale. Projected BRI investment figures are staggering, and complex bilateral agreements between China and partnering countries abound. In studying the background of the BRI and evaluating its viable implications, experienced international banker Dennis Noah contends that all professionals specializing in trade need to broaden their vision and garner knowledge of the BRI now and in the years to come. In his writing, Noah reviews the BRI’s origins and considers the growth levels and goals of China. He then examines BRI perceptions and partnerships before exploring future prospects and offers an array of questions to reflect on as the BRI evolves.


  • ICC Banking Commission Issues Guidance Documents
  • First Draft of ISDGP Released for Comment
  • ADCB Advances Blockchain LC Use Beyond First Trade Deal
  • US Treasury Testing Blockchain-Based LC for Grant Use
  • Broadband Providers Urge Easing of LC Requirements
  • Supervisory Scrutiny for 25 Banks in Germany
  • Makhmudova Joins DCW Ed Advisory Board
  • Rationale for FDIC Statement Rescission Given
  • Technology Update
  • International Updates
  • Byrnes Visits Kozolchyk National Law Center


“Standby Letters of Credit with ‘Pay and Walk’ Clauses: How They Work and What to Watch for” by Paula GREAVES

“LCs Offer Exporters Protection from Order Cancellation” by Xavier FORNT

Conference Reports

Executive Summary of the 2019 ABA/ABA Financial Crimes Enforcement Conference

Scam Survey

Inordinate Time Gaps on B/Ls Among Signals in Alleged Fraud Case

Central Bureau of Investigation (CBI) brings charges against 13 individuals and a firm.

3rd Quarter 2019 - US Banks. Where does your bank rank? See the full statistics in the January issue of DCW.

Litigation Digest

CLA Engineering Ltd v. DBS Bank (Hong Kong) Ltd.

Topics: Independence; Injunction; Performance Bond; Unconditional; Unconscionability

Tetronics (International) Ltd. v. HSBC Bank Plc

Topics: Autonomy/Independence; Fraud; Guarantee Replacement; Injunction


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