To discuss these aspects of the ETDA in detail and shed light on the digital trade transition for the industry, Paul Landless, Partner and Co-Head of the Technology Group, Clifford Chance, joined Deepesh Patel, Editorial Director, Trade Finance Global at the Trade and Investment Forum, organised by BCR in partnership with ITFA.
Discover the relationship between digitalisation, legislation, and international trade. Explore the impact of the Electronic Trade Documents Act (ETDA) in the UK.
Trade finance, traditionally dominated by banks, is integral to supporting global supply chains, acting as the lifeblood of international commerce.
The International Trade and Forfaiting Association (ITFA) has announced that it will provide its members with access to an industry framework for open account distribution.
Learn about Lloyds Bank’s collaboration with WaveBL and the benefits of digital trade documentation for global shipping and trade efficiency.
Businesses and public authorities across the EU may be facing tougher laws on late payments, with the European Commission proposing a new regulation enforcing maximum 30-day terms.
At TFG, we took the time to reflect back on the happenings across trade, treasury, and payments in 2023. After sifting through our news archives and speaking with industry experts, we devised this list of 9 key events and themes that shaped trade, treasury, and payments in 2023.
The European Union’s proposed Late Payment Regulation (LPR), a revision of the Late Payment Directive (2011/7/EU), has sparked responses from the International Chamber of Commerce (ICC) and the International Trade and Forfaiting Association (ITFA).
Today, the International Trade and Forfaiting Association (ITFA) has released an addendum to its Digital Negotiable Instruments (DNI) Handbook. This update follows the enactment of the UK Electronic Trade Documents… read more →
How could a common platform fluidify and modernise credit insurance operations and provide greater value to the industry?
The Electronic Trade Documents Bill has today received Royal Assent, and is officially an act of law (the Electronic Trade Documents Act), promising to transform the way international trade is conducted electronically.
The existing regulatory frameworks overseeing sustainability reporting in the Financial Institutions sector are giving rise to numerous unexpected outcomes that will ultimately hinder the global pursuit of long-term sustainability goals.… read more →
Lloyds Bank and Enigio have formed a new long-term partnership to increase the use of digital documentation in trade finance through blockchain technology. With this partnership, Lloyds Bank and Enigio… read more →
Today, the World Trade Board, pioneered by Finastra, has launched the “Financial Inclusion in Trade” roadmap for MSMEs and asks for industry feedback and collaboration. The Financial Inclusion in Trade… read more →
ITFA, the Global Trade Finance Industry body, is delighted to announce the creation of the ITFA Fraud Prevention Working Group. The newly created working group is being set up as… read more →