If the Electronic Trade Document Bill trade bill is passed this year, digital documents will be recognised under UK law, which could prove pivotal for global trade. Could blockchain hold the key to a painless and secure switchover to a digital-first trade world?
TFG’s Carter Hoffman (CH) interviewed Talal Ghandour (TG), chief investment officer and managing director at Metito, to discuss how the recent HSBC funding is helping push toward circular water systems to resolve water shortages.
TFG was delighted to partner with BAFT for their 2022 Global Annual Meeting in Washington.
Throughout the three day event, attendees heard from many experts discussing the current state of the industry, what they learned during the past few years, where the industry is headed, and the challenges and opportunities that lie ahead.
TFG spoke to two leading trade credit risk management experts, Marian Berden and Robert Meters of Schumann on how technology has the potential to help business avoid some of the costs and stresses associated with current economic conditions.
We currently live in uncertain times, both geopolitically, and from a macroeconomic perspective. TFG asked two risk management experts for their take on how businesses can navigate through this period of economic volatility.
Emerging technology and innovation create distinct hierarchical structures such as real-time data on volume, velocity, variety and value of trade that can improve the quality of sustainability reporting principles.
For decades, trade document checkers at banks have mastered the crucial, time-consuming, and somewhat niche skill of manually reviewing complex documents to ensure they meet international standards.
FCI, the global representative body for factoring and financing of open account domestic and international trade receivables, has released their latest world factoring statistics. This 2021 report indicates that the… read more →
Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989.
If a new trade bill is passed during the current UK parliamentary term, digital paperwork could be legalised under English Law, which could be a landmark moment for the trade and export industry.
Correspondent banks are a key part of cross-border payments facilitating the flow of trade between different jurisdictions.
TFG talked to Erik van der Marel, chief economist at the European Centre for International Political Economy (ECIPE), about his predictions for the future of the global economy.
Surecomp® today announced the launch of its new collaborative trade finance platform RIVO™, bringing together an ecosystem of corporates, financial institutions, and fintechs. The cloud-based solution is a digital hub… read more →
The usual answer is because delivery occurs, and risk transfers, when the goods leave the seller’s direct control, such as when the goods are loaded into the container at the seller’s premises or at the CFS or CY, long before the goods go on board. This would be the case with FCA, CPT and CIP.
Traditionally each rule has repeated all ten of the obligations for each of the seller and buyer. Most of them are identical or near-identical across each rule, and for some, the variations hang off the delivery obligation.