Since the inception of UCP 600, trade finance professionals, in particular, the letter of credit community, have been discussing the need for and consequences of modifications and exclusions to the rules in commercial LCs issued under UCP 600.
Eleonore Treu, Hugo Verschoren and Donald Smith, breakdown Letters of Credit and some of the prominent issues surrounding this instrument. Is there a need for a new “Lite” LC product? How to mitigate the complexity and discrepancies inherent to Letters of Credit?
Oswald Kuyler, Managing Director of ICC DSI talks to TFG about promoting digital trade, harmonisation and trade standards.
The present article discusses the potential benefits of using blockchain technology for trade finance activities and highlights significant challenges facing the blockchain’s adoption
We take a look at the role of multilaterals and public-private partnerships can help the trade finance community achieve sustainability objectives.
TFG are delighted to announce a media partnership with the ICC United Kingdom at ICC International Trade & Prosperity Week | The Future of Global Value Chains.
Since 2000, global trade flows have trebled to US$18.5 trillion. Yet many challenges to the adoption of trade finance products remain.
As the most authoritative voice in the trade finance industry, ICC Banking Commission, maintains a permanent dialogue with regulators and supervising bodies, helping to develop regulations affecting the industry.
Trade Finance Global are delighted to announce a media partnership with the ICC United Kingdom at their Trade & Supply Chain Finance Conference on the 14th November.
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.
We heard from Nitin Gaur, Director of IBM Digital Asset Labs at the ICC Banking Commission’s Annual Meeting, on the benefits of blockchain / DLT for enabling trust, transparency and security
Is protectionism good or bad? It is indeed true that in the past, protectionism as a concept has been used with a net benefit, but often it is perspective that is key.
President Trump entered office in November 8th, 2016. Throughout his campaign, he held a very strong and very vocal position on the trading relationships that the US held with the rest of the world – that it was not good.
Trade Finance Global heard from Sean Edwards, Chairman of the ITFA at the NEARC (North East Asia Regional Committee) Seminar held in Beijing earlier this month.
London, 31st January 2019. Trade Finance Global are delighted to announce a strategic media partnership with the International Chamber of Commerce (ICC) for their 2019 ICC Banking Commission Annual Meeting.… read more →