Australia announced this month that it would establish a working group to progress the adoption of the Model Law on Electronic Transferable Records (MLETR) and start drafting amendments to enshrine… read more →
Listen to this podcast on Spotify, Apple Podcasts, Podbean, Podtail, ListenNotes, TuneIn Over the last decade, a new world order has been trying to emerge from the cracks of enduring systems. When Nick Szabo proposed the… read more →
A new weapon in the US and China’s trade war arsenal, reciprocal port fees, is set to take effect today, Tuesday, 14 October. ‘Announcement 54’ was made on Friday, 10… read more →
The consultation invited responses from stakeholders, including legal scholars and market participants who often use distributed ledger technology (DLT) and electronic trade documents. The consultation paper, which stakeholders gave feedback… read more →
The judgment clarifies the high bar to be cleared for fraud in trade finance in a case reminiscent of Trafigura’s win last month, when the London High Court similarly ruled… read more →
The draft convention, approved on Monday, 14 July, during UNCITRAL’s 58th session, addresses a legal gap that has hampered international commerce. Until now, only maritime transport has benefited from widely… read more →
Moderated by Patrick DeVilbiss, Senior Offering Manager at CGI, the panel combined banking and technological perspectives in exploring how red flags in trade finance and supply chains are evolving, and… read more →
The Master Trade Loan Agreement (MTLA) was designed by the Bankers Association for Finance and Trade (BAFT) to be used for lending between financial institutions, specifically related to the financing… read more →
A recent decision of the Singapore High Court, Valency International Pte Ltd v JSW International Tradecorp Pte Ltd and others [2025] SGHC 50, clarifies the fundamental role of actual possession… read more →
The collapse of traders like Hin Leong Trading Pte Ltd and Zenrock Commodities Trading Pte Ltd (“Zenrock”) left banks that made payments under letters of credit (LCs) out of pocket… read more →
