Legal

In the wake of the ICC Uniform Rules for Digital Trade Transactions (URDTT) due to publish next month in October, we explore the meaning of a digital trade transaction – underlying assumptions, regulatory framework and future expectations.

New potential applications of blockchain technology through the lifecycle of the trade are in constant development. However, so much input and so much promise is detaching us from the most immediate and practical ways of adopting this technology in trade finance.

The need for trade digitization has never been more prevalent than it is today, especially with pandemic-induced restrictions emphasizing the inefficiency of paper-based trade. Our Editor, Deepesh Patel sat down with Contour’s CEO and Chief Product Officer, as well as TradeLens’ Head of Strategy and Operations, to discuss how fintech can come together to partner to solve these problems.

The District Export Council of San Diego and Imperial Valley (SDIDEC) has sponsored the first workspace for ICC eRules guidelines for digital trade transactions.

Maritime law or Admiralty law regulates commerce and navigation on the high seas and other navigable waters. Here is everything you need to know about maritime disputes.

Has digital trade finally arrived with the ICC eRules guidelines? John Dunlop explains how this might be true.

Brexit, which is one of the most discussed topics this year, other than the pandemic, has had yet another unexpected impact. With the increase in border control and the free movement of people being restricted, one sector was deeply impacted: the logistics sector.

In this episode of Trade Finance Talks, we discussed the realities of implementing the United Nations Model Law on Electronic Transferable Records into local markets – an incredibly important advancement in accepting electronic signatures.

The supply chain finance industry has been faced with a choice: increase disclosure or continue to face criticism.

Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.

Deepesh Patel, Editor at TFG summarised the key themes discussed during ICC Mexico’s three-day virtual event on The Digital Future of Trade and Supply Chain Finance.

The virtual Summit on the New Global Sanctions Regime organised by City & Financial Global is taking place on the 12th of July of 2021.

Owing to the pandemic, eUCP Version 2.0 and eURC Version 1.0 rules created by the ICC have received increased interest over the past few months. There is a growing realisation by practitioners that paper documents are causing delays and disruption.

The 2nd edition of ITFA’s manual on digital negotiable instruments, produced in collaboration with members of the DNI Initiative and TFG is here!

In partnership with ICC Austria, Trade Finance Global’s Editor, Deepesh Patel, hears from Kwabena Ayirebi from AfreximBank and Isaac Mahanke from Standard Bank about trade digitisation, compliance and risk in a post-COVID-19 world.