TFG were live at the Telegraph’s Future of Trade & Export conference, joined by Michael Boguslavsky, Head of AI at Tradeteq. There are a number of disruptive opportunities to digitise trade finance, including, machine learning, artificial intelligence, robotics, natural language processing.
As part of the Incoterms 2020 Media Alliance with the ICC UK, Trade Finance Global reports important information on the rules that are changing for Incoterms at the end of the year. Using the wrong ICC Incoterm when trading goods worldwide exposes companies to greater risk and cost in the form of lost goods or unnecessary disputes
Today at the ICC Annual General Meeting, Trade Finance Global (TFG) announces that it has joined the ICC United Kingdom. TFG reports from the ICC AGM in London.
Crypto assets (including Crypto currencies) and the technologies which underpin them are important because of the potentially huge benefits to society they can deliver. TFG heard from Manu Duggall on their standing under English law, which will determine whether that law will be chosen as the law of the contract and the forum for disputes over others.
TFG are delighted to be joined by Michael Vatikiotis, who was the keynote speaker earlier today at FCI’s 51st Annual Meeting in Ho Chi Minh City, an experienced author, journalist and conflict moderator specialising in Southeast Asia.
Here to discuss their recent report, Banking Regulation And The Campaign To Mitigate The Unintended Consequences For Trade Finance: is Olivier Paul, Director of Finance for Development at the ICC, joining us from Paris.
Sullivan’s Geoffrey Wynne highlights the key legal and regulatory themes to pay attention to in 2019.
Rebecca Harding discusses the elusive hidden trade and how it relates to anti-money laundering initiatives and the challenges they bring for banks.
ADB’s Steven Beck explores the challenges, risks, and implications of fighting financial crime and how such precautions are impacting market gaps.
The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape.
International law firm Sullivan has advised international financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association), on the updated New York law Master Participation Agreement (NY MPA) and associated usage guidelines, published yesterday.
International law firm Sullivan has advised ITFA (the International Trade and Forfaiting Association), on its recently published guide to accounting and legal issues under International Financial Reporting Standard (IFRS) 9 for the trade receivables and supply chain finance industry.
The superimposition of DLT into the trade and shipping space naturally brings about a major step towards the digitization of trade. The process of trade digitization, however, is still traversing a legislative grey area. In many jurisdictions, including the USA, there are currently no regulations or laws that recognize electronic negotiable instruments in lieu of their written counterparts. Overcoming this immense operating hurdle will be a key initiative to reaching the full potential of DLT in the trade space.
With numerous bodies and organisations speculating, pre-selling courses and providing information on fake incoterms, TFG gets behind incoterms 2020, why there are rumours, what’s fake, and what’s true.
In the early hours of the morning, President Trump raised a further $200bn worth of tariffs on Chinese exports (5,700 different products to be exact), moving the tariff from 10% to 25%.