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.
Hear from Neha Noronha and Carmen Maria Ramirez Ortiz on the Asian Development Bank’s work to make trade a more inclusive industry!
Hear from Finastra’s Iain MacLennan on the changing nature of Trade Finance. Discover the challenges and opportunities of digitalisation.
France has introduced a bill, aiming to substantially boost France’s digital trade and elevate the financial sector’s attractiveness.
Enigio and Mitigram announce a new partnership aiming to enhance global digital trade. Find out more about the partnership here!
To help drive digital adoption in trade, Stephenson Harwood, in alliance with Virtus Law LLP, has collaborated with Singapore’s Infocomm Media Development Authority (IMDA) to release an article, TradeTrust-enabled Electronic Bills of Lading – A legal and practical analysis of their use in global trade.
ADB’s flagship Trade Finance Gaps Survey returns for its eighth edition, confirming expectations that the global trade finance gap – unmet demand for trade financing – has worsened, reaching $2.5 trillion, an increase of 47% since the last stock-taking which pegged the gap at $1.7 trillion in 2020.
In its largest single-period increase since its inception, the Asian Development Bank’s (ADB) latest Trade Finance Gaps, Growth, and Jobs Survey indicates that the trade finance gap in 2022 rose to $2.5 trillion, up from $1.7 in 2020 and $1.5 trillion in 2018.
From payments, credit and lending, to trade and supply chain finance, the entire financial services industry is being disrupted. Regulatory requirements, industry standards and the environmental, social, and governance (ESG) agenda have accelerated.
London, 25 July, 2023 – In a significant move to bridge the trade finance gap, Trade Finance Global (TFG) has launched TFG Distribution Finance.
Back in January, Trade Finance Global (TFG) reached out to trade finance experts to pick their brains about what to expect in the industry in 2023. Entering the year, there was a lot of uncertainty surrounding the larger economic environment. Some people were optimistic, some people were pessimistic, but everyone was open about being unsure.
The International Trade and Forfaiting Association’s (ITFA) Digital Negotiable Instruments (DNI) Initiative Day, hosted in London on 12 July 2023, served as an important platform for the future of trade finance.
To learn more about the latest updates on MLETR adoption in the G7 countries and emerging markets, Trade Finance Global spoke with Luca Castellani, legal officer at the Secretariat of the United Nations Commission on International Trade Law (UNCITRAL)
The International Chamber of Commerce (ICC) has announced the update and alignment of three critical banking rules following a mandate from the ICC Global Banking Commission members in October. The… read more →