The ICC DOCDEX is a dispute resolution procedure specifically designed for trade finance, whereby a panel of three independent and impartial experts renders a decision on a dispute arising out of a trade finance instrument or undertaking.
There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
According to Edwards, reducing the record-high $1.7 trillion USD global trade finance gap will be amongst the most important considerations facing the trade finance industry in 2023. The trade finance sector is developing several tools to address this issue.
To learn more about this latest surprise under the tree, Trade Finance Global’s Deepesh Patel spoke with Geoff Wynne, partner and head of the Trade & Export Finance Group at Sullivan and Worcester.
With so many of our daily goods coming from abroad, Incoterms play a much more significant role in our lives than most of us realise. To help clarify the subject, Trade Finance Global (TFG) spoke with Holly Jade O’Leary, co-founder and director of Alinea Customs.
Business-to-business (B2B) transport and delivery practices are governed by Incoterms®, published by the International Chamber of Commerce (ICC). A typical contract for export/import is based on the Incoterms® rules and the contracts that surround it.
ITFA has announced the release of Uniform Rules for Transferable Electronic Payment Obligations (URTEPO), a unique set of rules that cover electronic payment obligations. Digitalisation and accompanying changes in the… read more →
Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks.
The International Chamber of Commerce (ICC) and Google have partnered to research the digital exports of micro, small and medium-sized enterprises (MSMEs) in Southeast Asia to inform policy discussions and… read more →
Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance
