Fresh Federation of Small Businesses (FSB) research shows those selling into the bloc suffering more as a result of new paperwork than importers. The vast majority of those doing business… read more →

Your Monday morning coffee briefing from TFG. A container ship ran aground, blocking the Suez Canal which carries about 12% of global maritime trade. The blockage may take some time to clear, further disrupting global shipping, already beset by high freight costs and delays caused by the pandemic.

The trade consequences of Brexit already include a dramatic shrinking of commerce with the EU, an expansion of trade with other allies, and redrawing of supply chains for companies.

Suez disruption – ‘The straw that breaks the camel’s back’

More than 90% cost savings could be possible from using distributed ledger technology to handle authoritative digital original documents

We spoke to BACB’s new Money Laundering Reporting Officer on the new risks when combating fraud, and the role new technologies can play in fighting financial crime.

Your Monday morning coffee briefing from TFG. In the UK, over 40% of the population have received at least one vaccine dose. This compares to the US (24%), Italy (9%), Spain (9%) and France (9%). The UK government borrowed £19.1bn last month, the highest February borrowing since records began in 1993. Debt rose to £2.13tn, and consumer confidence rose to its highest level since last March.

We take a dive into the world of Letters of Credit (LCs) and Standby Letters of Credit – some of the essential tools in cross-border trade transactions.

The Asian Development Bank (ADB) has quadrupled its support for food systems development in the past decade from $409 million in 2010 to $1.2 billion in 2020 to help close… read more →

ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.